Compensation as a Reflection of Values
oxide.computer
Compensation as a Reflection of Values
1–10 of 96 posts
Re: Compensation as a Reflection of Values
#2This is so cool and so important. We shouldn't be ashamed about talking about compensation, ever!
Re: Compensation as a Reflection of Values
#3Isn't this like, socialism? Everyone gets paid the same regardless of what they bring to the table? Like union jobs.
Re: Compensation as a Reflection of Values
#4Isn't this like, socialism? Everyone gets paid the same regardless of what they bring to the table? Like union jobs.
It sounds more like values of tribalism to me. They're benefiting the in-group (employees of their company) but they're still existing in a society where not everyone gets paid the same as them. And unless they're a perfect reflection of society (is this possible?) then they're still perpetuating whichever inequalities they tend to hire for.
Re: Compensation as a Reflection of Values
#5I really want to see this model scale somehow. I've spoken with friends about this model, and it's hard for them to get past the idea of compensation as a proxy for value. The discussion eventually devolves into
- X type of employee is more valuable than Y type of employee, therefore they should be paid more.
- There is no mechanism or incentive for growth (a.k.a the career ladder argument).Re: Compensation as a Reflection of Values
#6Isn't this like, socialism? Everyone gets paid the same regardless of what they bring to the table? Like union jobs.
I don’t think that’s an accurate description of socialism.
Re: Compensation as a Reflection of Values
#7Isn't this like, socialism? Everyone gets paid the same regardless of what they bring to the table? Like union jobs.
While "everyone gets paid the same" is a thing that some people say about socialism and/or union jobs, and while socialists are often concerned with the effects of pay disparity, it is not really a foundational characteristic of any form of socialism I can think of, no.
I think successfully arguing that any venture-capital backed enterprise is socialist is difficult, to be honest.
Re: Compensation as a Reflection of Values
#8I think one unlisted negative of this is leaving people feeling like they can't voluntarily choose to work less. I have seen many people make the conscious decision to take a smaller workload with the expectation of a smaller bonus. I would anticipate in such a workplace that although fewer people will be motivated to work themselves to the bone, that inevitably there will be some people who will anyway either because they like the job or because they have nothing else to do. At best, these people will not be compensated for their greater amount of labor, at worst they will leave the employees with families feeling like they are taking advantage.
Re: Compensation as a Reflection of Values
#9If the intent is to make sure to pay "enough to not fret when your kids toss the organic raspberries into the shopping cart", shouldn't a salary floor alone be sufficient in achieving the goal? Why a pay ceiling too?
Re: Compensation as a Reflection of Values
#10I really want to see this model scale somehow. I've spoken with friends about this model, and it's hard for them to get past the idea of compensation as a proxy for value. The discussion eventually devolves into - X type of employee is more valuable than Y type of employee, therefore they should be paid more. - There is no mechanism or incentive for growth (a.k.a the career ladder argument).
If an employee's impact is more valuable, why shouldn't that employee demand to be paid more?
If a job or position is less valuable, why shouldn't that position be paid less?