By Samantha Slade for Enlivening Edge Magazine
An exploration into fresh and equitable approaches to pay
How can compensation systems embody the values and culture of an organization? How might we take into account the relational aspect in financial distribution? What does it take for compensation to feel fair?
Questioning traditional compensation systems and assumptions is about addressing systemic inequities and dealing with the organizational challenges that are spurring the Great Resignation. It is also about trying to take new economic theory such as Kate Raworth’s Doughnut Economics into practice.
Percolab is a horizontal employee-owned business that functions as a lab for what an organisation might be. We developed a compensation model in 2015 and have been living it and adjusting it since then, with great success.[…]