Author

Topic: Agile company looking to give performance bonuses in BTC (Read 434 times)

member
Activity: 120
Merit: 10
I like this.  Smiley
full member
Activity: 182
Merit: 100
Love the idea, but with current volatility you'll have to think of a way that employees don't just spend all their time watching BTCs and/or get discouraged by the inter-week swings.
newbie
Activity: 8
Merit: 0
This sound really cool.

I might be interested in implementing something similar at my company, Roqq.

- iimazecoin
http://roqq.org/
newbie
Activity: 13
Merit: 0
Just tossing an idea out there that we're thinking about implementing at the web development company where I work.

Currently, we're set up operating via a very autonomous agile team structure. Right now, teams who complete a project ahead of time or under budget get a larger share of the profits. Also, team members rate each other weekly in a transparent way, so that all the comments and "percent" contributions are public and discussion is encouraged. So if you weren't pulling your weight this week as a team member, I might give you an "80%", and that score, averaged based on what each member indicated, determines my weekly bonus. "100%" is the standard, most of the time, and lower or higher are the exceptions to the rules.

So basically, we're thinking about switching this percentage-effort based system to a BTC quota system. So essentially we each have x bitcoin to give away per week, and we get to distribute that as we see fit.

I've been looking for a reason to create a bitcoin-based tool, so I'm thinking about writing a hubot plugin that will allow us to give out the bitcoin just by leaving a comment in our IRC chat during the weekly retrospective, kinda like the bitcointip bot Smiley

http://hubot.github.com/
http://imgur.com/kvGk6

Anyhow, not looking for any particular feedback, but just wanted to share. Obviously the code will be open source from the get-go! I can update this thread if people are interested.
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