How to set salaries

Time frame:
Punctual usage

Complexity: 3/5

Background & Purpose

People set their own salaries, calibrated by the advice process from their peers. Once a year, people propose what salary raise they believe to be appropriate for themselves, and the justifications for their proposal. This input is reviewed by a number of peers (e.g. in an elected salary advice group) who give individual advice on that proposal, based on a calibration across colleagues. Individuals can then choose to follow the advice they have received or not, and their choice is made public.
More info: http://www.reinventingorganizationswiki.com/Compensation_and_incentives

Contact

Name: Elias Kindle
Organisation: Symbiose Gemeinschaft
Email: elias@symbiose.li
Website: http://www.symbiose.li