Chapter 3 Rewarding Teamwork
Compensation and Performance Appraisals
In June, 2012, Ben Zotto, a new employee at Evernote software, embarked on a three-week trek up Mount Everest. He traveled with friends, and perhaps the best part is that he did not need to notify his company, and they did not track his time off. Evernote uses a trust-based system and believes that employees should run their own schedule. Evernote is not alone. Several other companies offer their employees unlimited paid vacation because they strongly believe it lowers stress and dramatically reduces disruptive turnover. Best Buy and The Motley Fool (financial services) work under the belief that giving employees free rein over their own schedules improves productivity. This ...
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