A software firm is taking a radical approach to how it treats employees. 10Pines tries to be transparent and democratic, even allowing staff to set each other's salaries.
"I felt kind of insecure and exposed about me being close to or even on top of people that I considered had a better performance than me," explains Umansky. "It's easy to feel like a fraud." 10Pines is a technology business founded in 2010 with 85 employees, based in Buenos Aires. It writes software for clients including Starbucks and Burger King, making things like online loyalty cards for customers, apps and e-commerce platforms.Issues such as individuals' salaries are discussed in open meetings like this one, held before Covid
10Pines aspires to have a flat hierarchy, and be transparent with employees, as much as possible. After a three-month trial period, new staff join the rest of the team in monthly, open meetings in which key company decisions are decided, such as potential new clients, expenses, company finances - and of course salaries.
They should try that at the BBC should be good for a laugh.
Nonsense idea
There can be only one.
Nuts - bankrupt within a few years. They can only hire those who want to fit that ethos, those who don’t and are exceptional will just leave fit more money