It seems like a good initiative, but two thoughts immediately come to my mind: 1) Him making $1million salary at a small-medium company is quite a bit, but tha

It seems like a good initiative, but two thoughts immediately come to my mind: 1) Him making $1million salary at a small-medium company is quite a bit, but that may be because ... 2) ... the company is clearly making a lot of money (as in a lot of profit) and/or growing quickly. When you're growing and making huge profits at a software company, you can afford to pay above the market rate because you have spare cash. At some point that will change. The growth rate will plateau and they will cut salaries (maybe not for existing employees, but for new hires), or layoff expensive staff. But props to Dan to get this done when he had the chance to.