* twice a month we determine how much money goes into the system based on how well we are doing
* Money is split evenly amongst all employees and contractors who have been with us for more then 3 months.
* This money can be arbitrarily spend as a bonus on any other colleagues. You can't spend it on yourself and you can't simply take it. It has to be spend on others.
* Once a quarter the bonuses are paid out through payroll.
* As you can see in the screenshot, everyone can show their accomplishments. This looks a lot like http://dribbble.com/ . This serves as inspiration if someone doesn't know who deserves a bonus. Once an accomplishment is posted it will also be cross posted into our company Campfire.
Glad to see your from Ottawa. I am a masters student at Carleton's TIM program. Are you guys involved with the Ottawa startup scene? I am curious if there are any meetups/events/websites you can recommend.
Lot's of people form Shopify show up for the regular startup drinks events.
By the way, we love the Tony's Tim program. We hired 2 people directly from there. You should track our careers page and apply for some coop positions when they come up :-)
* twice a month we determine how much money goes into the system based on how well we are doing
* Money is split evenly amongst all employees and contractors who have been with us for more then 3 months.
* This money can be arbitrarily spend as a bonus on any other colleagues. You can't spend it on yourself and you can't simply take it. It has to be spend on others.
* Once a quarter the bonuses are paid out through payroll.
* As you can see in the screenshot, everyone can show their accomplishments. This looks a lot like http://dribbble.com/ . This serves as inspiration if someone doesn't know who deserves a bonus. Once an accomplishment is posted it will also be cross posted into our company Campfire.