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Old 03-08-2010, 07:30 PM   #1
kidmercury
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Re: Accounting

agree 100%. i only have a very small team of people i pay (who, like myself, earn a very small amount as well :) ) but everyone knows what the others earn. i'm confident that my system is extremely fair and if someone wants to convince me otherwise i'm certainly open to it (but they better have a well thought out case if they want me to take it seriously). so i have nothing to hide and am proud of my compensation system. it has at times created some ill feelings, but that will ALWAYS happen anytime you talk about splitting a pie of money, which is what any business ends up doing, regardless of how they go about it or how fair or unfair allocation is. overall though i think it creates a team environment where overachievers can be rewarded both in terms of money and recognition, while underachievers can be quickly identified and given the "shape up or ship out" message implicitly if not explicitly. nobody wants to see an underachiever get paid well, so it allows peer pressure to serve as a positive management force, in my opinion.

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