Search Engine Optimization, Blog Design, Movable Type Customization, and more.
BlogCoop - The Blog Cooperative

Voting-based Compensation



View previous topic :: View next topic  

Subscribe to the RSS feed for this conversation to monitor future messages in this thread
Author Message
Mark







PostPosted: July 11, 2003 03:24 PM 

Another alternative compensation scheme is a voting-based approach. This may be suitable in cases where profits result from large projects or contracts, as compared to continuous, multi-transaction revenue streams. Upon completion of the project or contract, all members would cast votes regarding who should get paid and how much. Once approach would be for each member to assign 100 points amongst all members according to what percentage of compensation each member should receive. Points would then be tallied from all members and averaged, determining the percentage payout for each member. Of course, some checks and limits may be needed to keep the system feasible and fair. Potential examples include: members cannot vote for themselves, minimum and maximum number of members to vote for, per-member percentage maximums, and minimum reputation level to 'make it on the ballot'. To be fair, the system would have to be well designed so that voting cartels would not be able to form and distribute profits in an infair manner.


Join the conversation:









Remember personal info?












The Seinfeld DVD is available for pre-order on my Seinfeld site. You can also order the Friends DVD, the Sex and the City DVD, and more, from my new shopping site.

Managed Dedicated Web Hosting - $79 for a P4 2.4GHz, 512 RAM