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Yeah, I think it would have been more than enough to simply explain the formula and provide some anonymized examples. On another note, I am quite surprised at

Yeah, I think it would have been more than enough to simply explain the formula and provide some anonymized examples. On another note, I am quite surprised at how underpaid some of their positions seem. Senior iOS engineer barely cracking 100k in a very expensive market...

wmeredith 13y ago
Yeah, that's pretty ballsy. Seems like they're exposing themselves to unnecessary poaching risk. And what do they do in that situation? What if someone has a competing offer and they want to keep them around? Offer a bonus?
- fleitz 13y ago
  Nope, you talk about transparency, fairness, etc. If you're sticking to that salary structure you're not going to win on price in this market. Warm fuzzies are important to a lot of people, look at how non-profits retain people. Also, there are a lot of people who don't know how to negotiate that would probably benefit from something like this. I know a few devs who stick around at places because they like the people, etc, despite having had multiple offers for more money. Not my style, but it takes all sorts.
  - 7Figures2Commas 13y ago
    > I know a lot of devs who stick around at places because they like the people, etc, despite having had multiple offers for more money. Sure, but that's not the only consideration here. Employees don't always have the option of sticking around at a company. Not all startups make it, and people are terminated or laid off from jobs they love all the time. If and when the time comes to find another job, a public record of your previous salary may not benefit you in your negotiations with prospective employers.
    - fleitz 13y ago
      If you're not employed you have a very poor BATNA.
- jonlucc 13y ago
  It seems like they're ok with the poaching risk. I would assume most of their employees are happy enough, or they'd leave. I'm not sure having the salary posted is a big change from that perspective.
  - kansface 13y ago
    People don't work that way. There is quite a bit of discontent or discomfort people will put up with until they are sufficiently motivated to take action. The number of people who are underpaid by 30% and unwilling to look for another job is far greater than the number who would accept that offer once its in front of them.
- pekk 13y ago
  If they are paying well then they are actually discouraging poaching
  - smm2000 13y ago
    The thing is that Buffer does not pay well... I will say that they pay on the lower side of acceptable.
TheCoelacanth 13y ago
It seems like the bonuses for Senior and Lead are too small. The highest paid engineer is only making 20k more than the lowest paid, and 16k of that difference is because of location.

wmeredith 13y ago

Yeah, that's pretty ballsy. Seems like they're exposing themselves to unnecessary poaching risk. And what do they do in that situation? What if someone has a competing offer and they want to keep them around? Offer a bonus?

fleitz 13y ago
Nope, you talk about transparency, fairness, etc. If you're sticking to that salary structure you're not going to win on price in this market. Warm fuzzies are important to a lot of people, look at how non-profits retain people. Also, there are a lot of people who don't know how to negotiate that would probably benefit from something like this. I know a few devs who stick around at places because they like the people, etc, despite having had multiple offers for more money. Not my style, but it takes all sorts.
- 7Figures2Commas 13y ago
  > I know a lot of devs who stick around at places because they like the people, etc, despite having had multiple offers for more money. Sure, but that's not the only consideration here. Employees don't always have the option of sticking around at a company. Not all startups make it, and people are terminated or laid off from jobs they love all the time. If and when the time comes to find another job, a public record of your previous salary may not benefit you in your negotiations with prospective employers.
  - fleitz 13y ago
    If you're not employed you have a very poor BATNA.
jonlucc 13y ago
It seems like they're ok with the poaching risk. I would assume most of their employees are happy enough, or they'd leave. I'm not sure having the salary posted is a big change from that perspective.
- kansface 13y ago
  People don't work that way. There is quite a bit of discontent or discomfort people will put up with until they are sufficiently motivated to take action. The number of people who are underpaid by 30% and unwilling to look for another job is far greater than the number who would accept that offer once its in front of them.
pekk 13y ago
If they are paying well then they are actually discouraging poaching
- smm2000 13y ago
  The thing is that Buffer does not pay well... I will say that they pay on the lower side of acceptable.

TheCoelacanth 13y ago

It seems like the bonuses for Senior and Lead are too small. The highest paid engineer is only making 20k more than the lowest paid, and 16k of that difference is because of location.