Would You Let Employees Decide Their Own Wages?

Yesterday I met up with my next door neighbour who runs a start up called LiveOnDemand. He mentioned he managed to bring a guy called Ricardo Semler to speak in Amsterdam. I embarrassingly didn’t know who he was…

Ricardo is most famous for running his companies in a democratic way. He has an arrangement which involves workers making decisions, sharing responsibility and authority in the workplace. Employees literally decide on their own salaries, how much they are worth, letting them come up ...