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Review Employee and Contractor Benefits #146

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nelsonic opened this issue Dec 18, 2016 · 12 comments
Closed

Review Employee and Contractor Benefits #146

nelsonic opened this issue Dec 18, 2016 · 12 comments
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dependency discuss Share your constructive thoughts on how to make progress with this issue enhancement New feature or enhancement of existing functionality priority-3 Third priority. Considered "Nice to Have". Not urgent.

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@nelsonic
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nelsonic commented Dec 18, 2016

Are the intrinsic rewards of working on a "real human challenges" enough...?

Watch: https://youtu.be/rrkrvAUbU9Y
and/or read: http://lateralaction.com/articles/dan-pink-rewards/

Beyond simply paying people for their work or inviting people to #dwylsummer ... what are the different types of "now that" rewards (i.e. non-contingent) we can give people to thank them for their contributions to dwyl's mission and make people feel loved an a daily basis.

It can be as simple as #FreeFreshFruit in the office or a Team/Company subscription to a learning resource or music streaming service...

Please Share your Ideas!!

Relates to: #145 (Best Place to Work!)

@nelsonic nelsonic added discuss Share your constructive thoughts on how to make progress with this issue enhancement New feature or enhancement of existing functionality help wanted If you can help make progress with this issue, please comment! labels Dec 18, 2016
@nelsonic nelsonic removed the help wanted If you can help make progress with this issue, please comment! label Dec 18, 2016
@ghost ghost changed the title Dan Pink: Why Rewards Don’t Work Review Employee and Contractor Benefits May 8, 2017
@ghost ghost self-assigned this May 8, 2017
@ghost ghost added the priority-3 Third priority. Considered "Nice to Have". Not urgent. label May 8, 2017
@ghost ghost added priority-2 Second highest priority, should be worked on as soon as the Priority-1 issues are finished and removed priority-3 Third priority. Considered "Nice to Have". Not urgent. labels May 15, 2017
@ghost
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ghost commented May 15, 2017

@iteles what are your thoughts on making the following free for employees:

pp py = per person per year
pp pm = per person per month

Headphones #147 with a 2-year warranty is equal to £100 pp py

We could also add benefits for:

  • Birthdays £30 pp py
  • 8 monthly get togethers a year in months without large quarterly staff events £240 pp py

Total comes to £710 pp py
Which is £59.17 pp pm

Research suggests other tech companies are offering employee benefits in the range of £55 - £110 pp pm

@ghost ghost assigned iteles May 15, 2017
@iteles
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iteles commented May 15, 2017

🎉 My thoughts are that we have been doing everything we've been able to do so far according to our revenue-funded and transparent model and as soon as #229, #321 and #209 are done, we can figure out how much more we can do 😊
Let's bump up the priority as soon as those are done!

I love how we've grown so far though, having home-cooked dinners and initiatives to do fun but non-costly things that look after the organisation in its infancy as well as dwylers (like #94 😍 ) I want to make sure we keep that family spirit as we grow.

In the meantime, i want to leave this assigned to me for the rest of the month so we can capture the cool things we have done in the past already!

@ghost
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ghost commented May 15, 2017

@iteles I don't see #229 #321 being a blocker to this as the revenue that is being taken out by yourself and Nelson in remuneration is being loaned back to the company and there is more than enough capital there to ensure that we have a lengthy runway £300/month in employee benefits will hardly make a dent in that

@iteles
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iteles commented May 15, 2017

You're right, Nelson and I are loaning money back into the business on an as-needed basis, but loans aren't a sustainable way to grow a company and provide for our community.

Other than financial/expenses decisions that have already been made, we are not embarking on any additional expenditure decisions until we have a crystal clear picture of our financial situation. The decision is very much not about a specific amount of money (and applies further than this issue) but about the informed way to run a sustainable business 👍

Having said this, a proposed expenses policy #123 and this kind of research/issue is FANTASTIC and I definitely want to encourage that 💃 for when we are in a position to make a call next month.

@iteles
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iteles commented May 15, 2017

Note: #292 is already approved.

@iteles iteles added dependency priority-3 Third priority. Considered "Nice to Have". Not urgent. and removed priority-2 Second highest priority, should be worked on as soon as the Priority-1 issues are finished labels May 15, 2017
@nelsonic
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WHY did the title of this issue change...?!

@ghost
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ghost commented May 15, 2017

loans aren't a sustainable way to grow a company and provide for our community

I was under the impression that revenue generated over the past two years was intended to further the business' growth, regardless of whether that revenue stayed in the company or was taken out in remuneration and loaned back in.

Are you saying that that capital is only available in emergencies, as opposed to being deployed into growing the business?

@ghost ghost reopened this May 15, 2017
@ghost
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ghost commented May 15, 2017

@nelsonic the issue title changed because it reflects the discussion in the issue around non-contingent employee benefits

@iteles
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iteles commented May 15, 2017

@markwilliamfirth The title change here has changed the nature of the discussion from open and collection of ideas to something more formal and less open. Certainly the tone of the discussion seems to have taken a turn.

This also doesn't belong in this issue.

@ghost
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ghost commented May 15, 2017

@iteles should I create two separate issues as below?

  1. Sharing ideas about employee benefits
  2. Discussion around allocation of budget to employee benefits

@nelsonic
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I think there's a gross misunderstanding around "employee" vs. "owner".
I didn't start a company to be an Employee.
if I wanted to be an Employee I would have taken the job with McKinsey or Google and wouldn't have to deal with any BS around how the money I make gets spent/invested.
Tax efficient expenditure is a no brainer.
Wasting time questioning it is distracting from building the product.
This issue has been hijacked for a totally different purpose than it's original intent.
Please open a new issue and never change the subject of an issue I create again. ❤️ ✅ ✨

@ghost
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ghost commented May 17, 2017

if I wanted to be an Employee I would have taken the job with McKinsey or Google and wouldn't have to deal with any BS around how the money I make gets spent/invested.

@nelsonic this issue is a discussion around company money and therefore requires co-owners of the company to be in agreement. The discussion for the budgeting has been moved here (#331).

With regards to your personal remuneration that is a separate discussion that has been continued here (#332)

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