I haven't heard of enough companies that are open about their open compensation, but Buffer seems to have it handled pretty well: https://open.bufferapp.com/int

I haven't heard of enough companies that are open about their open compensation, but Buffer seems to have it handled pretty well: https://open.bufferapp.com/introducing-open-salaries-at-buffer-including-our-transparent-formula-and-all-individual-salaries/ https://open.bufferapp.com/introducing-open-salaries-at-buff... The difficulty lies in quantifying experience - there loads of ways to pull that off (and none of them quite wrong). Years of experience, type of hackery, FOSS contributions, etc. I'd say the best option would be to pick one and stick with it. If you're properly open about it, those who take issue with your system won't apply.