Saturday, February 03, 2007

Don't pay your employee, invest on them

A very though provoking statement from Paul Graham

the company has some money, and they pay it to the employee in the hope that he'll make something worth more than they paid him. Well, there are other ways to arrange that relationship. Instead of paying the guy money as a salary, why not give it to him as investment?

Quite interesting, specially for product companies. Not sure how much this is applicable for Indian Service companies, but might be a modified version of this approach will work.

You can read the full article here.

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