What is your compensation philosophy? How would you compensate your employees and what guidelines will you use to direct how much each person will be paid? For example, what are the advantages and disadvantages of compensating salespeople by salary? By commissions?

Watch the following brief video interview by John Mackey at Whole Foods on The Benefits of Radical Transparency and how a transparent compensation program can create solidarity, increase justice and help direct people’s career choices: http://www.inc.com/lewis-schiff/john-mackey-whole-foods-transparent-compensation.html
What is your compensation philosophy? How would you compensate your employees and what guidelines will you use to direct how much each person will be paid? For example, what are the advantages and disadvantages of compensating salespeople by salary? By commissions?

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