Episode 154 - Paying Everyone The Same


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بواسطة Michael and Ivanka's Grand Podcast, Ivanka Majic, and Michael Forrest، اكتشفه Player FM ومجتمعنا ـ حقوق الطبع والنشر مملوكة للناشر وليس لـPlayer FM، والصوت يبث مباشرة من خوادمه. اضغط زر الاشتراك لمتابعة التحديثات في Player FM، أو ألصق رابط التغذية الراجعة في أي تطبيق بودكاست آخر.

We discuss a BBC News article that dismisses on company's attempt paying people the same as an inevitable failure and try to keep the subject open for discussion. Some thoughts arising:

  • We could pay according to hours-worked and acknowledge that those with the most responsibility are essentially at work 24 hours a day
  • There is plenty of scope for financial incentives in any scheme, but these need to acknowledge that any success is a group effort
  • It's not just about equal salaries; a model including equal distribution of equity would attract people with traditionally better-paid skills
  • Pay has to reflect the area where somebody lives and should really be above the £55k "happiness" threshold (beyond which more money doesn't make you any happier)
  • Wealth inequality is one of the biggest problems in the world right now so we should find a way to make something like this work, not just chalk it up as impossible after one company fails at it.

---- Stuff we made ----

Try Donegood https://donegood.app

Get Michael’s Apps https://goodtohear.co.uk

Restaurants Brighton: https://restaurantsbrighton.co.uk

---- This Week's Links ----

[1] ‘We tried paying everyone the same salary. It failed' - https://www.bbc.co.uk/news/business-55800730

[2] Michael’s Good Habits app - https://goodtohear.co.uk/habits

[3] Michael’s Changes app is now Free to download - https://goodtohear.co.uk/blog/post/Changes_App_Is_Now_Free

[4] Athletico Mince - Another Destroy and Exit - https://www.youtube.com/watch?v=Cu0c3-sjAxc

[5] Socialism for the Rich, Harsh Capitalism for the Rest - https://www.youtube.com/watch?v=pmdivrgllf4

[6] Rolling Jubilee - A bailout of the people by the people - https://rollingjubilee.org/

[7] Kate Raworth Intrinsic Motivation - https://amzn.to/2TQLIqb

[8] SUMA Coop - https://www.suma.coop/

---- Credits ----

Talking is by Ivanka Majic and Michael Forrest

Music and editing by http://michaelforrestmusic.com

Music available on Apple Music | Spotify | Amazon | Google Play | Bandcamp

---- Support Us ----

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Restaurants Brighton Jobs: https://restaurantsbrighton.co.uk/jobs

Get Michael’s Apps: https://goodtohear.co.uk

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