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At my current employer, everyone's salaries (and the number of options they've been awarded) are in a Google spreadsheet that's viewable by everyone in the comp
by mosburger 5y ago
At my current employer, everyone's salaries (and the number of options they've been awarded) are in a Google spreadsheet that's viewable by everyone in the company. It's actually kinda cool to have such transparency and has forced standardization of things, and I have to imagine it has reduced biases and made things fairer.
- seattle_spring 5y agoEvery company I've seen that has one of those pays jokingly low salaries compared to competitive companies. Rather than it being used as a tool to ensure fairness, it seems more used as a shield against negotiation. "We can't pay you <competitive salary>, that'd be $50k more than someone more senior than you! You wouldn't want to be unfairly paid more than your colleague, would you!?"
- kasey_junk 5y agoI worked at a hedge fund that had open salary data available to everyone and paid comparably to the hedge funds/prop desks I worked at that didn’t.