Colleagues Giving Raises at Some Companies

Wednesday, 04 April 2012 | by Pat's Picks

Would you trust your colleague to give you a raise? The Wall Street Journal details a wacky system being adopted by some companies in which your colleagues, not your bosses, decide who gets a bonus. The idea is that rank-and-file employees are privy to more information about which employees are actually making an impact. So the plan gives them stock that they can allocate to others for a bonus.

SOURCE: Wall Street Journal