7 votes

Compensation as a Reflection of Values

Tags: salary

1 comment

  1. rkcr
    Link
    tl;dr is that Oxide is experimenting with paying everyone at their company the exact same salary: I'm not sure how I feel about this but I appreciate them trying out something new.

    tl;dr is that Oxide is experimenting with paying everyone at their company the exact same salary:

    We decided to do something outlandishly simple: take the salary that Steve, Jess, and I were going to pay ourselves, and pay that to everyone. The three of us live in the San Francisco Bay Area, and Steve and I each have three kids; we knew that the dollar figure that would allow us to live without financial distress -- which we put at $175,000 a year -- would be at least universally adequate for the team we wanted to build. And we mean everyone literally: as of this writing we have 23 employees, and that's what we all make.

    I'm not sure how I feel about this but I appreciate them trying out something new.

    2 votes