‘My boss lets me set my own salary’(bbc.co.uk)
bbc.co.uk
‘My boss lets me set my own salary’
https://www.bbc.co.uk/news/business-49677147
4 comments
One of the companies in the article, GrantTree, is run by swombat (https://news.ycombinator.com/user?id=swombat). It's an interesting perk. I can see it being amazing for staff retention, but only if your staff are the sort of people who really want to work at the company. It definitely wouldn't work for a lot of companies.
You are absolutely right. I work at GrantTtree and hiring for purpose is definitely a fundamental part of the equation. That and trusting your colleagues and keeping an honest feedback-friendly environment. It's certainly not as simple as one might think.
I wonder how the effect would be. It reminds me the "unlimited vacation" policy of some startups in USA that failed badly
That's a very interesting question. I feel like there will always be people who feel peer pressure more than others, but it'a not just that. The puritan work ethics also have a strong impact on some people to a subconscious level. All I can say is thay the more people do it, the less problematic it becomes. But it does require a good level of self-awareness.