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RE: How should we pay ourselves?

in #startups7 years ago

Good question. If the person in leadership position is doing a good job, more people will dedicate their shares to that person, thus resulting in higher proportion of a bonus.

If a person on the 'top' does not receive sufficient votes, its an indication that he may not be doing a very good job.

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Seems like it would work, also length of employment should be factored in

Length of employment is factored in implicitly, as people who worked together for longer are more likely to vote for each other. Veterans also likely have bigger role or stronger recognition in the organization.

People who join the team early also get more tokens during the first bonus rounds, because:
a.) The token is worth less, thus more tokens are given out.
b.) The team is smaller, so each person gets a bigger piece of the pie.

Got it. seems interesting for sure!

Furion do you think the Steemit Approach would work with the real world? Where the crowd decides who get what money?

This is how the decision about who gets what money is done on Steemit. Hint: it isn't the crowd.

authorrewardchart.png

The distribution of rewards on Steemit is decided by those that have the most Steem, and they keep it.

Can you elaborate a bit more on that or provide a link to where more info on this can be found?

If a person on the 'top' does not receive sufficient votes, its an indication that he may not be doing a very good job.

Or he or she is not hot enough. :D

what about the time taken to work or taken by each positioned employees ??

The constant problem is the attraction of popularity. The higher in the foodchain or comment list the more likely you are to be heard and therefore the more likely t be voted up. Popularity breeds success not truth.

Thank you for writing this Article . It inspired me to write my own thoughts and dreams down.

Fire fast, and pay people fairly when they leave

how?
I don't believe in equal pay
no offense - IMHO - it would bring society down this way
seen it happened in my country
though I understand it when someone feels like - it should be so
and honestly I sometimes get upset casting my up
specially when the post sucks and didn't see it
but what sucks for me might be great to the others
so - still hard to weigh
Great post and many great points though