Ravio reposted this
Buffer's compensation philosophy in one sentence: Default to transparency as a company, including salaries – if our compensation decisions are fair, we should be able to defend them publicly. Every employee's name, role, and exact salary has been published on Buffer's website since 2013. Actual names and salary numbers, visible to anyone. The reasoning is straightforward: transparency breeds trust. Buffer also publicly shares the thinking behind those salaries – the entire salary calculation formula, how they approach equity, their profit-sharing structure, and even their CEO's compensation. This has led the company to have a super strong stream of job applications, as well as an impressively high average employee tenure. But this level of transparency isn’t without trade-offs. It requires additional work to maintain a system you're accountable to publicly. It slows down decisions. And it costs more – committing to generous salaries for everyone means higher payroll that not every company can cover. What I find most interesting about Buffer's approach is how radical transparency becomes a forcing function for fairness. When every decision is public, you can't hide inconsistencies or make exceptions. Our full Compensation Stories breakdown covers how Buffer's transparency actually works – their salary calculation formula, approach to location-based pay, and what they're changing for the future. Here’s the link to keep reading: https://lnkd.in/edRAsTwV What other companies have compensation philosophies you admire?