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The Democracy at Work Weekly Tip: Mind the gap!

logo-betterworld1This week, we will take a look at the Virgina-based company BetterWorld Telecom and their democratic practice of fairness.

Q: The pay gap in any company is always a difficult subject. How can I promote more fairness in my company with regard to pay?

A: One example of how to handle this issue is three-time WorldBlu List awardee, BetterWorld Telecom. At BetterWorld, all internal data is available to any employee anytime, including salary information. BetterWorld’s salary transparency helps guarantee that the difference between the highest and lowest paid employee remains less than a multiple of four – the largest the pay gap is allow to be, based on what they’ve decided as a company. Furthermore, the pay scale is not defined by traditional definitions of authority and power. For example, the president of BetterWorld is not the highest paid employee.

For more information on BetterWorld Telecom and their democratic practices, click here.

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Democratic practices are central to our organization because empowered, happy owners run amazing and profitable bakeries. The longevity and success of our company speaks volumes about the value of democratic principles in the workplace.

Great Harvest Bread Mike Ferretti, CEO