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Genuinely--from the point of view of a company founder--what policy or culture could you establish that prevents gender/race pay inequality? Performance-based p
by idrios 11y ago
Genuinely--from the point of view of a company founder--what policy or culture could you establish that prevents gender/race pay inequality? Performance-based pay sounds like it would be great for productivity, but it's easy to see how that pay gap would arise from an industry already dominated by white males, especially if people's salaries are kept secret.
Do you put more effort into bringing diversity to your management team? Do you talk openly about salaries and establish that culture early? Do you go full transparency and post everyone's salary online? Or could this be a battle not worth fighting in an early company
- omonra 11y agoMy guess is that it ultimately does boil down to either having a performance-based pay or equal pay. Ie I don't believe that tech companies pay gap is (mostly) a result of anything but differing contributions by the given individuals. It seems a hard pill to swallow for the PC brigade (as it implies that people are actually different in ability and work ethic) - but that doesn't mean it's not true. If you want your company to succeed (which is probably the most important thing when you are starting out), you'd probably go for the former. If you then get so rich that you care more about social issues at large, you can steer ship towards equality (today's article in the NYT seems to describe that about Salesforce).