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No negotiations and “equality” but: We will continue to apply multipliers to our equity and cash rewards for high performers identified through our rigorous pe
by 1cvmask 5y ago
No negotiations and “equality” but:
We will continue to apply multipliers to our equity and cash rewards for high performers identified through our rigorous performance management process. This way, our high performers receive compensation commensurate with their impact
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Can someone explain the difference between how other companies compensate different levels of skillset.
- doktorhladnjak 5y agoPlenty of places where everybody gets the same raise and no bonuses each year especially outside of tech companies. My parents both worked for the government. Their raises were entirely based on multi year schedules in the contract the union had negotiated. E.g., everyone gets n% raise on year 1, m% on year two; once you have n years of tenure, you get an extra m%
- deleted 5y ago[deleted]
- totony 5y ago>Plenty of places where everybody gets the same raise and no bonuses each year especially outside of tech companies. AFAIK this is mostly a government thing, and one of the reasons they don't have top-tier labor. Most private companies want to incentive their high achiever (even coinbase here). They usually just wait for high-achiever to ask for a raise and give out bonuses though.