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Out of control bonuses have been a prime suspect in the recent financial crisis.
At Mint, we took a different approach. Inspired by Love Machine, we've experimented with the following:
Instead of a management-led exercise in reviewing and ranking team members, simply give everyone in the company the same amount of money, and then tell them to give it away to everyone else, in any way they think makes sense.
(To be clear, 50% of the bonus was allocated in this way. The other 50% was given out at a flat rate across Mint, to ensure that everyone got a bonus in the event that the crowd-sourced approach strongly favored the few.)
What have we seen?
Early this year when we set about to "find our feet" in the mobile landscape, we went about it in the typical Mint way, simply jump in and try to make stuff. Past experience has taught us that this hands-on, "rubber meets the road" approach always lands us in new territory.
André put together a lovely video of this lunchtime's snowball fight.
(I feel the video may have been edited to make me look like the instigator, which is in no way true.)
Last week, with great fanfare, we unveiled the contenders in the Mint Digital Android Challenge 2010. Utku and I emailed about two hundred of our closest friends, and the closest friends of Mint, and asked you for your help in choosing a winner. Most of you responded, and we were touched by the thought that people put into their choices, and into the comments that came in along with the votes. All of the applications found passionate support amongst some of our voters
As well as being a feared member of QA Police, Bob D'Mello writes happy birthday emails for all the Mint. (This is a self-appointed role. No one asked him to do it.)
Bob is leaving today, to join the marketing machine (well, become the marketing machine) at our spin-out Picklive. In commemoration, and to demonstrate his own unique style, here's his final birthday email. Fittingly, it is for Mint itself, which is 6 today: