Transparent Salary Formula

The 5-year-old Social Media Startup BUFFER has a transparent salary formula, and all the employees’ payroll are listed online :

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It is quite ‘humane’ to consider dependents. I once recruited 2 new fresh graduates – one single, the other a father with a baby. By HR policy, they were both paid at fresh graduate starting salary of $ 2,000 (in 1990). There was no consideration of the extra financial burden the father had to support the baby. With appeal to the CEO for special consideration, he was finally given an extra 10%.

http://www.businessinsider.sg/everyone-at-buffer-can-see-each-others-salaries-2016-1/?nr_email_referer=1&utm_content=StrategySelect&utm_medium=email&utm_source=Sailthru&utm_campaign=BI%20Strategy%202016-01-08&utm_term=Strategy%20Select?r=US&IR=T#.VpEuQ-gRXMI

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