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by anmol 5025 days ago
Showing them "everyone else's salary in our company" is a pretty strong approach. How well has this worked out? Curious.

(Note: founders should still keep total comp #s fair for everyone, but there's a difference between that and revealing everyone's salary)

2 comments

It's not the normal way, but it's worked out just fine for us. We've all run our own startups before and we've all been burned before in one way or another. Building trust with each other is paramount.

Right now is one of the toughest talent wars I've ever seen. We've brought together 9 people all capable of running their own companies--you can't do that by doing everything the normal way.

But aside from all that, it just feels right to us.

From what I hear/read, open discussion of salaries/income is not very rare in other countries (outside the USA). I think this open discussion only benefits the employee and should be more commonplace.