I’ve noticed that decision-making in increasingly horizontal organizations is a recurring topic in this forum. With that in mind, I’d like to share with you the Team-Set Salaries approach.
Team-Set Salaries (TSS) is a next-generation compensation process that uses an elegant algorithm to solve the key problem in people management today:
How do we set fair compensation for individuals in multiskilled, collaborative teams?
TSS is used to set salaries, share bonuses and even to distribute company equity.
It is used by teams in both hierarchical and horizontal companies. It fixes the lack of good compensation solutions in systems such as Holacracy, Sociocracy, Teal and Management 3.0.
It provides fair, actionable, individual performance appraisal for multiskilled teams with minimal overhead for managers and team members.
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