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Compensation levels will be equivalent regardless of whether someone chooses to be a manager or a crafter.

Shopify says the model will reward people for the impact they make on the company regardless of whether they are a manager or not.

It adds the model bucks trends that saw companies only succeed at incentivizing and rewarding managers because crafters will now have just as rich a career progression.

Shopify's moves come after it began giving staff a “total rewards wallet� last year that allows them to choose between cash and stock options for their compensation.

This report by ¹ú²úÓÕ»ó¸£Àû was first published March 1, 2023.

Companies in this story: (TSX:SHOP)