This Japanese Company Charges Its Staff $100 an Hour to Use Conference Rooms
Everything has a price, which helps keep workers focused on the bottom line.
Hasnain says:
This approach seems absolutely dystopian and right out of Black Mirror - it doesn’t stop at my initial thought (reducing meetings); but focuses on gamifying and putting a dollar value to everything done at work.
I wouldn’t want to work here, but hey, the results seem to be indisputable.
“The approach has so far paid off. Disco’s operating margin has risen to 26% from 16% since the experiment was implemented eight years ago, and its profitability is the envy of the industry. Its share price has almost quadrupled in that period, to roughly 16,000 yen ($148), giving the company a $5 billion market value. Thanks to bonuses, worker pay is more than double the national average of 4.7 million yen, and in 2017, Disco was the first to win a new government award for creating an ideal workplace.”
Posted on 2019-06-23T03:05:35+0000