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Buffer is doing a really good job on this. I believe complete transparency is the only way to minimize politics in your company. [1] - http://open.bufferapp.co
by onuryavuz 13y ago
Buffer is doing a really good job on this. I believe complete transparency is the only way to minimize politics in your company.
[1] - http://open.bufferapp.com/introducing-open-salaries-at-buffer-including-our-transparent-formula-and-all-individual-salaries/ http://open.bufferapp.com/introducing-open-salaries-at-buffe...
[2] - http://techcrunch.com/2014/02/13/radical-transparency-and-how-buffer-is-changing-the-game-on-startup-culture/ http://techcrunch.com/2014/02/13/radical-transparency-and-ho...
- Bahamut 13y agoI doubt that method would scale - it would seem like it would encourage open season on poaching employees since it introduces inflexibility and other companies knowing what it would take to entice someone away. It may minimize some form of politics to a degree, but it also increases the risk that you will lose quality employees.
- jpatokal 13y agoThe important bit for minimizing politics is sharing the salaries internally. Posting everybody's salary on the Internet seems a bit... promotional.
- coolsunglasses 13y agoThey do not pay competitively, especially for people that live in California. There's a ~5-10x cost of housing difference between where I live now (Texas) and where I lived in California. $22k would not make up that difference. They're denying themselves access to better people because they can't avoid politics without using blunt instruments. That gives me less rather than more faith in the management. Their base salaries aren't even competitive for a middle-of-the-road remote expat programmer working out of Thailand. That having been said, I'm all for more experimentation. Good on them for being willing to take a risk and be open about it.
- deleted 13y ago[deleted]