Shanli Liu, CPA, CTPFreedomfolio · I help 7 to 8 figure service business owners and ecommerce sellers keep 10K to 75K of profit- without IRS headaches | CPA. Virtual CFO. Tax Resolution Pro | $5MM+client tax savings | Book a free 15 min strategy call

How To Make MORE MONEY As An Employee

Name: How To Make MORE MONEY As An Employee
Uploaded: 2022-04-07T15:20:21+00:00
Duration: 22 s
Channel: Shanli Liu, CPA, CTP
Description: In this brief presentation, the speaker explains that employees can increase their earnings beyond a fixed salary by negotiating variable compensation…

7 Apr 2022 · 0 min

Watch on YouTube

0:22

In this brief presentation, the speaker explains that employees can increase their earnings beyond a fixed salary by negotiating variable compensation tied to the company's profit and loss (P&L). The core idea is to identify how one's role contributes to the company's financial outcomes and request compensation structures—such as commissions, bonuses, or profit‑sharing—that reflect that contribution. A concrete example is given for sales roles, where a base salary is supplemented by a commission (e.g., $1,000 or 10% per sale). The speaker urges employees to think strategically about the P&L impact of their work and to propose variable pay that aligns with that impact.

So you can start making more money as an employee right now. So most employees think that their comp is their comp and they get paid $50 grand and that's it. But most companies are really open to variable compensation. For example, most common one is sales. You get a base salary of say $30 grand a year, and then on top of that you get $1,000 or 10% of every sale you make. And so you have to think, how does my role tie in with the P&L of the company? And you ask for variable compensation that's tied to it.