At Semco: Employees choose their own salaries, Employees hire their own bosses, All employees rate their bosses twice a year and all ratings are published, and more.
http://positivesharing.com/2006/05/book-review-the-seven-day-weekend
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semco
well they are going after (have gone after) the beyond budgeting idea and have cut down on formalities and all this costly monitoring. they are trying to make their people happy work for them. i find the idea brilliant. as it seems it also works :) they dont even have an HR department....
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