How do we do it?
Collabberry simplifies collaboration with three key steps: agreement setup, peer-to-peer assessment, and dynamic compensation, integrating the concept of Basic Income. This innovative approach makes Collabberry an essential tool for equitable teamwork.
Step 1: Agreement Setup
Collabberry starts by defining clear agreements between the organization and its contributors. Each agreement specifies the contributor’s market rate, monthly commitment, and basic income needs, ensuring a baseline of financial support. This initial step ensures that everyone’s essential needs are covered while laying the groundwork for fair and transparent compensation adjustments.
Step 2: Peer-to-Peer Assessments
Our unique peer-to-peer assessment process allows team members to evaluate each other’s contributions. Through collective insights, we ensure fair and comprehensive measurement of work and cultural impact. Contributors can choose whom to assess based on their working relationships, which leads to accurate and context-rich evaluations. Feedback sections in the assessments further promote growth and improvement within the team.
Step 3: Dynamic Compensation with Team Points
Collabberry's algorithm then processes the assessment scores to adjust compensation packages dynamically. Contributors receive a mix of monetary compensation and Team Points, representing ownership in the project. We introduce the concept of a self-stated Basic Income, where each contributor's essential needs are ensured, supporting financial stability and enabling focus on impactful collaboration. This dynamic approach rewards contributions equitably, maintaining commitment and aligning incentives.
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