Entities
workers
founders
investors
management
supporting team
50% general vote power
50% general vote power
votes with workers to hire new workers
votes to accept or replace management team(or parts of it)
votes with founders to hire workers
clearly defined responsibilities
report to assigned manager
composes the management hierarchy of the organization
hiring of supporting teams
day to day decision making power
facilitates/supports the workers
can observe all internal decisions(full transparency)
can propose initiatives to be considered during general voting
No equity or voting power
recipients of generous RIO in various forms for their investment
Subject to yearly vote to extend work contract which could result in the hiring of a new management team or a bonus for performance
Process
General Voting
hiring workers
hiring managers
worker issues
initiatives
Occurs 1-4 times a year
Workers, founders, and investors can propose initiatives
Voting will be done after all proposals are made
general voting power is used to weight the votes of the workers and owners
initiatives are ranked based on the % of the general vote power they received
Ranked choice voting
define a goal to be pursued by the organization
lists resources required
lists supporting units needed
contains goals and research
roughly similar to a business plan
Can be considered during general voting
initial probation period that is determined by the organization(example: 6 months)
chosen after interview process with managers and employees involvement
after probation period a vote is held
selected managers and workers speak on behalf of the proposed worker
founders and workers vote using general voting power to accept of decline worker
receive full pay but no yearly profit sharing while in probation period
workers and founder/managers interview applicants for manager positions
occurs as needed with yearly reviews
workers vote to accept of decline manager applicant after consulting with other managers/founders involved in the interview
can receive bonuses based on performance
manager roles have well defined responsibilities
for some manager roles managers will be allowed to higher internally. All managers are subject to review from workers
workers can submit complaints and issues to the HR supporting team
All attempts possible will be taken to resolve the issue
providing any service needed
conflict resolution counseling
creative solutions
Solution needs to be satisfactory to both parties
If extensive attempts to resolve issue are unsuccessful HR can submit recommendation for termination
Termination
Founders and workers will vote to remove worker
HR will present case for termination and resolution efforts
If vote fails specific steps to resolve issue will need to be proposed and voted on
If those steps fail or the vote to approve the suggested solution fails than the termination vote is held again
Hybrid Model Proposal