Pay is determined by a democratic process that divides the company’s post-tax revenues into four slices: one to cover the firm’s fixed costs (such as equipment, licences, utility bills, rent and interest payments), another set aside for R&D, a slice from which basic pay to staff is made and, lastly, a slice for bonuses. Again, the distribution between these four slices is decided collectively, on a one-person-one-vote basis.