saved by3 people, first byOphir on 2006-08-04, last byJohn Anderson on 2008-06-14
- Employees set their own working hours
- Employees choose their own salaries
- All meetings are voluntary and open to everyone
- Employees hire their own bosses
- HR has been almost abolished, because leaders need to be able to treat their employees right themselves
- All employees rate their bosses twice a year and all ratings are published
- Employees choose which leader they want to work under
- Employees choose which Semco office they want to work out off
- Employees can take early retirement, meaning they get one day a week off in return for working one day a week after they retire.
Semler has chosen happiness as his driving force in business. He enjoys life and he wants Semco’s employees, customers, suppliers and community to be happy as well. That is the real motivation behind Semco. Not growth. Not profits. Not power. Not status. But happiness.