Holacracy Community of Practice Archive, 2015-2019 Community Holacracy Web Site

That one compensation APP

When learning Holacracy, I remember someone mentioned that one of the companies determines compensation by asking people to vote on each other. 

It is neither the Badge-based Compensation App nor the ARCA Compensation App. It involves a software algorithm that calculate salaries based on everyone's opinion of each other.

Does any one know which company uses this algorithm and where to find it?

 

9 Replies
Margaux
01/22/2016

H1 had that system years ago. Here is a video explaining this compensation app: https://connectpro79876205.ado...ue&pbMode=normal

Yang
01/23/2016

Thank you Margaux. This is a really cool system. Is H1 still using it? How come it is not an open Holacracy APP? Is it possible for me to obtain the software and the algorithms?

Margaux
01/23/2016

I don't know, you can ask H1 directly (Brian more specifically).

Bruce Peters
01/23/2016

Would like to know the answer. Is the app. now embeded or available'

Thx, 

 

Yang
01/26/2016
Bruce Peters posted:

Would like to know the answer. Is the app. now embeded or available'

Thx, 

 

Chris Cowan from H1 has replied to me:

I just checked and we don't have a copy of the excel sheet with the formulas available. Hopefully you can get what you need from the video. Also, "no" the formulas haven't been updated because we now use a different approach to compensation. You can see it here: http://www.holacracy.org/badge-based-compensation-app/.

Best,

Bruce Peters
01/27/2016

Thank you.... 

David Padilla
02/09/2016

Hi everyone, 

We are experimenting with different ways to set up our own salaries in our organisation. We have defined a "peer-advised" process that goes as follows:

1-Everyone can ask for a raise at any time, providing two things: new amount and a justification for it.

2-The role Salary Advisor will form a panel to give advice to the requester. This panel consists of peers working closely with the requester as well as other roles representing other interests of the company (finances, culture, strategic direction...)

3-The panel gives an opinion/advice about the request integrating all feedback from its members. 

4-The requester can choose whether he/she wants to amend his/her proposal or continue ahead as it is. 

5-Any member of the panel can raise an objection. This objection will have to be tested and integrated if valid. 

I am happy to hear your comments/opinions if you have any. 

Regards, 

Yang
02/09/2016

Interesting idea, may I ask in which ways is this one better than the existing open source compensation APPs?

 

 

David Padilla
02/09/2016

Hi Yang, 

I would say that there is no better approach. It is the one that works for you and the way you see the world. We thought this would be a better process than the traditional approach (your boss decides whether you get a raise or not or if your salary raise request is approved) and we are simply trying. 

Regards, 

David