To be fair, we were far from the first to implement this concept, just search google for "open salaries". BTW, a perfectly open salary system sounds really goo

To be fair, we were far from the first to implement this concept, just search google for "open salaries". BTW, a perfectly open salary system sounds really good in theory, but turns out to be very difficult to implement in practice. Different people really have different needs, and it's very hard to define open salaries without having a ridiculously complex system. For example, some people have a family to support, others don't; some need financial help relocating, others don't, yet others are local; sometimes people have domain knowledge you just can't pass on, and you have to pay them outside the range to convince them to join. Equity makes things even more complex, and different people are interested equity/salary ratio. We're pretty committed to the open system, but you can see how it can get really complex really fast, and is very difficult to implement. It works well for us so far, but I wonder how well it will scale as we grow.