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It's not how it happens. You usually democratically determine the process by which you arrive to individual compensation. I've seen an organization to use mix
by mordae 4y ago
It's not how it happens.
You usually democratically determine the process by which you arrive to individual compensation. I've seen an organization to use mix of measuring actual billable output and blending it with time spent on internal company workings, tooling, management and so on. There is usually a way to redistribute couple % ad-hoc, e.g. when someone has financial difficulties or a baby or something.
There is always a financials dashboard for everyone to see and complete openness and even discussion about compensation.
But yeah, I have only see a handful of companies like that. Some were not even worker-owned, but had owners who said "OK, here is a fixed share of revenue that goes to us before you distribute the rest among yourselves" and then let the workers do the rest.
- robertlagrant 4y agoBut what did the workers doing the rest actually look like? To me, almost all companies are like that: owners own a chunk of the company and authorise salary budgets, the board decides top executive pay and employees such as executives and managers decide how to distribute the pay budget.