If I worked somewhere that tried to rationalize why they were cutting all of the employees salaries but leaving the executive salaries in-tact, I would leave immediately.
New Remote-First Formula and Updated Salary Calculator
91–100 of 169 posts
Re: New Remote-First Formula and Updated Salary Calculator
#92I know this is cynical, but this really just reinforces my suspicion: the open salary thing is actually an attempt to underpay through a formula that's presented as objectively fair. Over time, it ends up gravitating your workforce towards average or below-average performers. There's no room for top talent here, because there's no subjectivity in this formula. If you're a fantastic dev (or whatever), why would you wo…
As worker in Eastern-Europe, their salaries look totally awesome to me. You'd be surprised for this money how many good people you could find.
Re: New Remote-First Formula and Updated Salary Calculator
#93Earlier quoted context omitted.
Not everyone wants their family and friends to be able to look up their salary. Or to know that they're the lowest (or highest) paid person in their department, etc.
STLtoday keeps a database of how much the teachers make in the Missouri school systems, while its not entirely accurate when you talk to teachers (sometimes the data is super stale, sometimes they have other 'responsibilities/commmities' that offer more money) I always felt wrong being able to look at it when they could not look at mine.
Agree. I get the need for public accountability for government salaries, but I feel like having the data be anonymized would be better. The public needs to know the salary distribution, but not what Susan Baker made last year.
Re: New Remote-First Formula and Updated Salary Calculator
#94Earlier quoted context omitted.
Not everyone wants their family and friends to be able to look up their salary. Or to know that they're the lowest (or highest) paid person in their department, etc.
STLtoday keeps a database of how much the teachers make in the Missouri school systems, while its not entirely accurate when you talk to teachers (sometimes the data is super stale, sometimes they have other 'responsibilities/commmities' that offer more money) I always felt wrong being able to look at it when they could not look at mine.
They're public employees, paid with everyone else's tax dollars. That's why you get to know their salaries.
Re: New Remote-First Formula and Updated Salary Calculator
#95Earlier quoted context omitted.
Why?
Not everyone wants their family and friends to be able to look up their salary. Or to know that they're the lowest (or highest) paid person in their department, etc.
Pure FUD. Millions of people have their salary in the open in the US, from CEO's to government employees. If you wish to pay for your privacy go ahead, but price transparency can only help the workers.
Re: New Remote-First Formula and Updated Salary Calculator
#96There is a lot of typical HN negative analysis in this discussion. Let's step back and applaud the fact that this is open. Who else does that? People don't do it because they are afraid of this type of negative analysis. This is a very cool comparison for those who don't have concrete numbers to take into HR. Thanks for sharing Buffer!
Maybe they should be afraid of this negative analysis. You don't get a pass on bad decisions just because you're making them openly. From my cursory glance, I have a bunch of problems here: 1) Most egregiously, it looks like they're slashing a bunch of salaries. Not the CEO, of course, but a lot of others seem to be going down. I would be immediately headed for the door in that scenario. Talk about a way to keep only…
We all like to tell ourselves that we are impactful and in the top 1%, but most of us could not land a job for $300k total comp. It would also be a mistake to pay us that much. Negative growth of your runway chart is a quick way to get into the fatal pinch.
Those Buffer salaries are quite reasonable for engineers. If you're not looking at them hungrily, then may I suggest you're probably not the customer here? And by "customer" I mean "competent engineer who never bothered to put together a portfolio or play the interview treadmill cycle game and is therefore making ~$100k total comp."
Those people exist. And contrary to what the vocal monitory says, they don't kill your company if you hire them. Matasano proved that.
Re: New Remote-First Formula and Updated Salary Calculator
#97I know this is cynical, but this really just reinforces my suspicion: the open salary thing is actually an attempt to underpay through a formula that's presented as objectively fair. Over time, it ends up gravitating your workforce towards average or below-average performers. There's no room for top talent here, because there's no subjectivity in this formula. If you're a fantastic dev (or whatever), why would you wo…
What does it have to do with the openness of the formula/salary data if another company pays more?
> there's no subjectivity in this formula
Yes, there isn't. Because subjectivity in favour of someone, is to the detriment of another employee (because the budget is limited). It just usually happens to be the case that the employers somehow "magically forget" to communicate this to the employees. So you are basically kept in the dark in two different respects: 1st regarding how your skills compare to others 2nd regarding how your salary compares to others
Basically this is just a spineless, sneaky tactic that employers like to use. Because the less information you have, the lower the chances that you can make a well informed decision about your job change.
Re: New Remote-First Formula and Updated Salary Calculator
#98I know this is cynical, but this really just reinforces my suspicion: the open salary thing is actually an attempt to underpay through a formula that's presented as objectively fair. Over time, it ends up gravitating your workforce towards average or below-average performers. There's no room for top talent here, because there's no subjectivity in this formula. If you're a fantastic dev (or whatever), why would you wo…
As worker in Eastern-Europe, their salaries look totally awesome to me. You'd be surprised for this money how many good people you could find.
Let me be clear: from one perspective, I get paid a ridiculous amount of money for what I do. I push buttons and think for a living. I spend a few hours per day doing it, I really enjoy it, and I can do it anywhere in the world from my laptop.
It's crazy that someone is willing to pay me $100k / year, and I'm super grateful for that. Really.
However, that doesn't mean that $100k / year (or whatever the minimum I'd be excited about) is the market rate. If ten other companies would pay me $300k, then I should go work there, right?
There's no speed limit. Just because someone is willing to pay you way more than you ever dreamed doesn't mean you should shun any more than that. Do your best and go to where you're valued the most.
Re: New Remote-First Formula and Updated Salary Calculator
#99Earlier quoted context omitted.
Because if you do that, they'll find another employer that doesn't force them to move. Living in a high cost area is not a "bad life choice".
There are plenty of skilled software developers in rural and suburban parts of nearly every country. I find it hard to believe the folks in San Francisco are that much better than the folks in Atlanta that it warrants ~2-3x the salary (using the Gitlab calculator as I can't see the Buffers apps since Drive is blocked at work) for an identical role.
Cost of living in the bay area is insane right now. You won't find a single family home under 1 million dollars on the peninsula or the entire south bay with the exception of deep east san jose and east palo alto (but even that is changing rapidly). I would bet that most of the salary adjustment is due to the housing crisis.
Re: New Remote-First Formula and Updated Salary Calculator
#100Salary transparency leading to lower salaries... I had been led to believe to expect the opposite.