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>> We canceled our upcoming team retreat to Berlin. Savings: $400,000. Compared to all their other costs that one stood out the most. 500k savings laying off 10% of your workforce compared to 400k for a team retreat in Berlin. Is this typical?
>> We canceled our upcoming team retreat to Berlin. Savings: $400,000. Compared to all their other costs that one stood out the most. 500k savings laying off 10% of your workforce compared to 400k for a team retreat in Berlin. Is this typical?
Anyone think their salaries are absurdly high for some locations and positions?
They've got Adnan working as an "Advanced Backend/Frontend Developer" in Sri Lanka, making only $65,104. This actually makes sense to me because Sri Lanka's cost of living is pretty low.
But they've got an Advanced "Happiness Hero" which I presume is an email support role making $77,397 in Kentucky. Last time I checked, $77,000 is an extraordinarily high salary in KY, especially for someone doing email support.
>> We canceled our upcoming team retreat to Berlin. Savings: $400,000. Compared to all their other costs that one stood out the most. 500k savings laying off 10% of your workforce compared to 400k for a team retreat in Berlin. Is this typical?
I certainly appreciate their openness, and like to follow their progress, but... ...could anyone explain to this naive commenter how it takes 90 (80 for that matter) people to run essentially a 'cronjob as a service' business?
Your comment imply that you never worked in a company with larger customer base or in a company with sales department. I think this kind of comments is highly disrespectful to the team, given the the style how Buffer is managed and how transparent they are.
it takes 90 people because 85 of them do nothing all day.
While Buffer's transparency is incredible, the financial calculations in the article fail to account for the possibility of an employee exodus domino effect, especially after both knowing the financial state of the company, and relevant perks being cut.
If you must do bad things, do them all at once. Then create a steady stream of better than expected events. People will get over the shock of the bad, and will remember the good.
By contrast if you try to hold back some of the bad, it will drip out bit by bit. Then people will get scared about where the real bottom is.
I certainly appreciate their openness, and like to follow their progress, but... ...could anyone explain to this naive commenter how it takes 90 (80 for that matter) people to run essentially a 'cronjob as a service' business?
2) Have you ever used Buffer? Chrome extension, in-app experience, cross-posting to multiple sites, drag-and-drop re-ordering, ...? It's not a single feature, it's "organize my social media posting".
Earlier quoted context omitted.
Why do this? I don't understand ... am I just being too old school / narrow minded about this?
It's part of their ethos, be totally transparent on how much everyone gets paid. You can't negotiate or ask for a different salary, there's a calculation. They've got blog posts about it. https://open.buffer.com/introducing-open-salaries-at-buffer-...
>> We canceled our upcoming team retreat to Berlin. Savings: $400,000. Compared to all their other costs that one stood out the most. 500k savings laying off 10% of your workforce compared to 400k for a team retreat in Berlin. Is this typical?
While Buffer's transparency is incredible, the financial calculations in the article fail to account for the possibility of an employee exodus domino effect, especially after both knowing the financial state of the company, and relevant perks being cut.