Initially, Karmabot was an internal tool, a chatbot we built to make our team happier on Slack.
Give and track performance points (karma). Set monthly salary bonuses based on karma points. Set quarterly goals and let people see their performance compared to their colleagues. Give extra points to the teams for shipping the product earlier. Inspire team membe…See more
The formula we use in Sliday:
BASE SALARY + KARMA × $N + QUARTERLY BONUS × KARMA SHARES
KARMA SHARES = YOUR QUARTERLY KARMA / TEAM QUARTERLY KARMA
The 'mantra' (custom set of rules defining karma amounts) we use is as follows:
Project completed early +30
Project completed +20
Milestone delivered early +10
Milestone delivered in time +5
Code review and quo…See more
