Oxide’s compensation model: how is it going?
oxide.computer
Oxide’s compensation model: how is it going?
1–10 of 241 posts
Re: Oxide’s compensation model: how is it going?
#2Wish they would've gone into more detail about the sales exemption - it seems to undermine many of the other points on the page...
Re: Oxide’s compensation model: how is it going?
#3I wonder why not just make it an employee-owned cooperative at that point?
I understand there are funding considerations, and founders won't get the lion share, but it fits the stated values better.
Re: Oxide’s compensation model: how is it going?
#4Very interesting to see Valve's famous org structure and handbook referenced here. Equal salary was a bold move from the start, but that's exactly what a successful company needs to avoid dropping into commodity terrain. This is especially relevant to the Operating System space, I think there's a lot of creativity here and Oxide's approach embraces that.
Re: Oxide’s compensation model: how is it going?
#5Wish they would've gone into more detail about the sales exemption - it seems to undermine many of the other points on the page...
Happy to go into it in more detail, but the salient points are in the piece: sales folks are eligible to make more -- but can also make less. This is in keeping with the way enterprise sales is done more or less everywhere: sales is different from every other company activity in that it is very quantifiable. I don't think that there's a whole lot more to say about it?
Re: Oxide’s compensation model: how is it going?
#6I wonder why not just make it an employee-owned cooperative at that point? I understand there are funding considerations, and founders won't get the lion share, but it fits the stated values better.
Good point.
The other aspect that I didn't buy too much was the original blog entry claims the salary is enough since the founders themselves have kids and are living in San Francisco.
They are coming from a point of economic safety from prior successful ventures and maybe are on multiple boards with other income streams.
Anyways. I like the intent so I won't be too critical.
Re: Oxide’s compensation model: how is it going?
#7I wonder why not just make it an employee-owned cooperative at that point? I understand there are funding considerations, and founders won't get the lion share, but it fits the stated values better.
But compensation is the opposite of ownership? And there's no mention of equity here.
In fact equity compensation is very common in SF startups.
Re: Oxide’s compensation model: how is it going?
#8Is there a 1 sentence description of the model? It wasn't apparent in a minute of scrolling down the long winded blog post.
Re: Oxide’s compensation model: how is it going?
#9Is there a 1 sentence description of the model? It wasn't apparent in a minute of scrolling down the long winded blog post.
"our compensation is not merely transparent, but uniform"
second paragraph
Re: Oxide’s compensation model: how is it going?
#10Is there a 1 sentence description of the model? It wasn't apparent in a minute of scrolling down the long winded blog post.
Everyone but salespeople (who can make more or less based on their sales figures) receives the same salary, currently $207,264. As stated in the blog.