What happens when you let employees pick how much they want to be paid? This company decided to find out.

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Smarkets CEO Jason Trost lets employees pick how much they want to get paid. Smarkets

Smarkets, a betting startup based in London, lets employees pick how much they want to get paid.

The system works through social consensus, and each employee’s salary information is published in the company’s internal wiki.

There are pros and cons to the process, but ultimately it works, Smarkets CEO Jason Trost said.

Continue reading… “What happens when you let employees pick how much they want to be paid? This company decided to find out.”

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