Huh, turns out I often highlight passages as I'm reading them without realizing it, and this website has text that is literally unreadable while highlighted.
Compensation as a Reflection of Values
21–30 of 96 posts
Re: Compensation as a Reflection of Values
#22This is interesting. Anecdotally, I noticed that Coinbase's level-compensation curves on levels.fyi are very much round flat numbers. I don't know enough about the company's comp model to know how much that changes across role, though.
Re: Compensation as a Reflection of Values
#23Huh, turns out I often highlight passages as I'm reading them without realizing it, and this website has text that is literally unreadable while highlighted. https://i.imgur.com/qutKE65.png
We've gotten this feedback from a few folks; to be honest, we've been pretty product focused, and our website is not our product. That said, we should totally tweak this. Thanks for bringing it up.
Re: Compensation as a Reflection of Values
#24My first thought: a startup in the server business shouldn't be also trying to redefine compensation in the world. I say this because I've tried something similar several times, and always regretted it. They're going to have a lot to accomplish. Blogging and interviewing and dealing with the inevitable unforseen consequences of this decision is going to take their collective eyes off the ball. Let a growth-stage company take this sort of thing on.
My second thought was that this feels like a combo humble brag and first world whining. The organic raspberries bit is particularly grinding.
I hate to be negative, but I don't see much high-minded in this, much as the blog post would have me do so.
Re: Compensation as a Reflection of Values
#25Huh, turns out I often highlight passages as I'm reading them without realizing it, and this website has text that is literally unreadable while highlighted. https://i.imgur.com/qutKE65.png
We've gotten this feedback from a few folks; to be honest, we've been pretty product focused, and our website is not our product. That said, we should totally tweak this. Thanks for bringing it up.
Meh, totally understandable. Just caught me off guard.
Re: Compensation as a Reflection of Values
#26> no three-hundred-and-sixty degree reviews, no stack ranking, no OKRs, no skip-levels, no numerical grades
Sign me up now! This is so refreshing I would happily take the pay cut to be rid of the toxic by-products of cutthroat review culture. I seriously hope this gains traction because it's about time we rethink the kind of work life we really want to have, one that is organized to serve the people who do the work.
Re: Compensation as a Reflection of Values
#27The big question of this is if it's creating "culture debt" that carries interest or not. Specifically, when the time comes to introduce varying comp, will there be blowback and possibly worse dynamics than if it had been that way from the beginning? Will anyone ever make less than $175k?
I think unless you are certain you want to maintain this forever (and it doesn't sound like Oxide does, they see this as probably changing eventually) then you may be playing with fire for when that day actually comes.
I'm really interested to see how that transition goes. The current state of things is just half of the story needed to draw any conclusions about it since the full consequences won't be understood until the company either commits to this being a permanent state of affairs, or successfully introduces variable salaries.
Re: Compensation as a Reflection of Values
#28Compensation is simply what people ask for and accept as fair.
Too many developers do not negotiate and simply accept lower compensation.
If your are a software engineer with a job offer, ALWAYS negotiate for higher salary. Most likely, you will get increase from first offer. If not, go find a company that will offer the higher increase.
Re: Compensation as a Reflection of Values
#29If folks are interested (and in the spirit of keeping things positive), I'm happy to answer any questions here about our comp philosophy or about Oxide more generally.
Re: Compensation as a Reflection of Values
#30If folks are interested (and in the spirit of keeping things positive), I'm happy to answer any questions here about our comp philosophy or about Oxide more generally.
For those of us who are only Rust hobbyists and don't have the hardware experience to work at Oxide, are there other companies you know that are pushing similar values? I'd take a major pay cut to have this kind of transparency and focus on culture.