Publication: Fast Company
Title: Using Social Media To Improve Employee Communication, Collaboration, And Even Compensation
Article by: FC Expert Blogger Shawn Graham
Shopify is an Ottawa-based e-commerce group that developed an internal social media platform, UNICORN, through which employees can share information on the interesting things- projects and otherwise-they’re doing. To increase participation, Shopify decided to set aside a portion of its profits as a “cash bonus” to whoever contributed an idea that they liked. Employees quickly became more engaged and the company saw a major improvement in communication.
Collaboration efforts also increased. For instance, one team would post that they needed help editing a project. Other employees, who were previously not know to have an editing skills set, responded and were able to complete the task.
The system grew to become a tool used in performance reviews because within UNICORN you can track employee performance and accomplishments. Taking a page from the game theory, employees can also earn “experience points” that can be used towards “buying” cool add-ons for their avatar (accessories, mustaches, etc).
By using social media as an internal tool, Shopify has built a really great company culture and the company has reported little turnover. Overall, UNICORN has helped employees really enjoy their work experience and work environment.