What if wages for everyone in a company are regularly voted on by the rest of the company? For example, if the manager isn’t doing their job, their wages are lowered by vote. If the manager tries to lower the wages of the workers to a horribly low level, it could either a) be overruled by the majority, or b) the manager’s wages are lowered suit, pressuring them to increase it.
This is probably a really stupid idea that is extremely prone to corruption, but why?
edit: yep this really is a stupid idea
functionally, it wouldn’t work for anything more than a very small start up. just on the practical side.
it’s not just a question of unfair advantage. It’s a bald faced stupid way to run a company. you cannot make everyone happy, and a good manager isn’t going to be the most liked person in the room.
Human nature means most people won’t be invested in making a sound business decision. they’re going to invest as much thought into it as voting in a poll about what soup is their favorite. maybe considerably less.
it is a really stupid idea, no wonder nobody does it!