PAY  ONLY  WHAT  YOU  WANT  TO   -   BOSCONET  THOUGHTS

It would be so wonderful if we could pick up something in a shop and pay only what we sincerely thought it was worth. Would that shop be able to survive? We do have the tendency to overvalue our products and services and undervalue other people’s goods and work – a version of “The grass on the other side is greener!”

At the initial stages of BOSCONET the director inducted five new staff. There was a three-day process that offered them opportunities to show their knowledge and skills. At the end the group was asked to suggest in writing what each of them should be paid – for oneself and for the others. The salary was finally decided using a series of calculations based on their suggestions.

In a second similar exercise, for the self-assessment of the staff this year, the director asked all the staff whether they themselves were being paid enough and to mention who, in their opinion, was being paid too high and who too low. Each one wrote that he/she was paid well and that everyone else was paid also the right amount as per their knowledge, skills, responsibilities and contribution to the organisation. It is, of course, not easy to say whether they were all being honest or only trying to please the director!

Well, five hotels in Paris, France, have decided to leave it to their clients to decide what they will pay for the facilities and services they received, according to their own calculation of what they were worth. Wish them well. Let’s hope, it works and the hotels can stay in business. Wish them success.

Visit our website: www.bosconet.in