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This is from 2021. Since then, they hired their Head of People a month later, and ~6 months later published a follow up: https://www.goethena.com/post/a-public
by gkoberger 2y ago
This is from 2021. Since then, they hired their Head of People a month later, and ~6 months later published a follow up:
https://www.goethena.com/post/a-public-and-transparent-formula-for-engineering-salaries-ethena/ https://www.goethena.com/post/a-public-and-transparent-formu...
- yen223 2y agoMy previous company did something similar. They had employee pay structure listed in their handbook and is available to all employees. If I knew what level you were at, I knew how much you were making. I really liked it. They rarely had the problem where people felt they were under-compensated for doing the same job - a problem that I have since learnt is prevalent in other companies.
- jnwatson 2y agoThis is of course hogwash. "Ethena provides generous equity in addition to cash compensation, but the details of equity are a bit trickier to make public." Publishing a formula for half your comp isn't useful.