The Salary Guild: An Attempt at a Modern Salary Process for the Agile Company

Damla Nalbant ()

A chapter in The Future of Work, 2024, pp 345-351 from Springer

Abstract: Abstract Whether traditional or agile the topic of salary can cause frustration and demotivation in any company. In modern organizations operating on agile principles, the principles of self-responsibility and self-organization collide with traditional compensation systems that grant employees little to no say. borisgloger consulting GmbH has developed a salary process that meets the criteria of agile performance management: the employees decide on their salaries in a participatory, iterative process. A survey conducted within the company has shown that the salary guild is perceived as a transparent and fair procedure, promotes open communication, and has a positive impact on satisfaction.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-45150-9_42

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DOI: 10.1007/978-3-658-45150-9_42

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