Pay status points, reduce salary

Challenge

Climate change

Identified root cause

Status-competition drives quest for high salaries, high salaries drive quest for high growth, high growth impossible to uncouple from environmental footprints, clashes with planetary boundaries.

Proposed solution

Develop ecosocial/karma currency (or status point system) to be used alongside salary payments in traditional currencies as supplementary means to honour somebodies “value” (and hence status) to the organisation and society.

Issues / open questions

  • will it just be pure status, or will there be any use to the points, e.g. like an eco-currency that you can actually by something with? I would tend for making it status-only because an eco-currency is complex and will never be fully “immaterial” / carbon-neutral
  • will status/karma salary be made public/transparent?
  • how can individual “value” / performance be translated into an objective status/karma point scale? It needs to be “objective” so that its comparable and status points are not used inflationary by some actors and restrictive by others.

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