What does it mean to be a Worker Cooperative, and how is VME implementing it.
Building on VME’s 30+ years of experience and reputation for excellence in retail software development our workers took ownership of VME’s business in 2020 and have already secured new long-term contracts are now looking for people to join the team to help build on VME’s committed and long-standing customer base as a platform for continued growth.
If you’re looking for a long-term stable position with the ability to share in profits on top of your salary and sponsored training and mentoring then this should be of interest to you.
Using Sociocracy for decision-making
Since becoming a Co-op, VME has implemented the Sociocracy model. This means that every employee has the opportunity to be involved in the company’s decision-making. Not just once a year – every week.
The decision-making is done in what Sociocracy calls Circles, and members are democratically elected. That means that you could spend up to 20% of your monthly working hours on deciding on VME’s future in the areas you think you could help!
Benefit in the coop’s success
As a worker, you’ll also be a part-owner, which means sharing in available profits alongside your colleagues and having a voice in shaping our business. VME Coop is committed to those looking for a long-term job and so for every month people are with us they receive ‘Labour Shares’ so that over time our workers are building their shareholding and so are effectively investing in themselves.
What’s more, you will earn more Labour Shares for every circle you are elected to – the more you’re involved with VME’s decision-making, the more share you receive and so the more you can earn.
On top of Labour Shares, VME Coop has made a limited number of Investor Shares available for those driving our success in this early growth stage – these are only available for a limited period and like Labour Shares, Investor Shares will entitle you to a share in profits, but you can keep them if, for example, you retire or leave VME. In fact, many of our colleagues are using them as part of their retirement plans.
