Hello, I'm Ed Butler and welcome to Business Daily from the BBC.

Coming up, the boss who lets staff set their own rates of pay.

Some people may ask for too much or too little.

So as part of any salary process, we have an honest discussion about what resources we have available,

how much cash we have in the bank,

and how much we can actually afford to spend on salaries. Yes, no more boss versus the workers,

now it's employees deciding themselves what they're worth. It's all in the name of transparency.

Publishing information is a very good thing. I think the setting of your own salary sounds to me more

like a derogation of management duty. What are you really worth? Business Daily from the BBC.

In the UK and indeed across the developed world, there has been increasing pressure on firms

lately to do more around

their levels of pay, guaranteeing that staff get appropriate salaries for the work that they do.

The gap between men and women's rates of pay, for example, has been increasingly highlighted

here at the BBC as well as elsewhere. But there are also other disparities, racial ones,

or just simply a growing gulf in remuneration between regular staff and management. In a bid,

partly to address all of that and maybe just to appear cool. Who knows? A number of UK firms,

mostly in technology, have piloted a rather dramatic idea. Why not let staff themselves decide what they

earn? Yep, that is right. The foot soldiers themselves can now decide collectively among themselves

exactly what level of pay each of them deserves for the work that they do. Does that sound crazy?

Well, it really is a thing and a number of firms are hailing it

as an effective and viable way to win back trusts and harmony in a hierarchical workplace.

The BBC's Felistejana has been exploring how it works.

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