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You are here: Home / The Agency Leadership Podcast / ALP 4: How much revenue do you need per agency employee?

ALP 4: How much revenue do you need per agency employee?

October 29, 2018 by Chip Griffin Leave a Comment

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This week Chip Griffin and Gini Dietrich discuss how you can figure out how much revenue your agency should have in order to support hiring a new employee — whether it is your 1st or your 101st.

This is a question that was asked recently in the Spin Sucks community, and it is something that many agency owners struggle with solving.

Chip also expresses his disdain for rules of thumb, while Gini explains why they do have value.

The duo also explore the risks of hiring (and firing) at the wrong time, as well as the differences between staffing models based on “W2” payroll employees and those relying on “1099” subcontractors.

And be sure to listen in to the end and let us know what you think of the new sign-off.

[read the transcript]

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Related Posts

  • ALP 134: Improving agency employee retention
  • ALP 14: Non-Traditional Agency Revenue Streams
  • ALP 127: How to handle agency employee side hustles

About Chip Griffin

Chip Griffin is the Founder & CEO of the Small Agency Growth Alliance (SAGA) and a longtime agency owner and executive. He helps PR and marketing communications agencies build better businesses. Full bio

Filed Under: The Agency Leadership Podcast

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