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Introducing Open Salaries at Buffer: Our Transparent Formula and All Individual Salaries


Stashed in: 106 Miles, Hiring, Startup Lessons, Awesome, Buffer

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Open culture = good

Full transparency = good

Pushing startups out of their comfort zone = good

Finally, this is a great recruiting tool.

It's fascinating. No one has ever done this before, to my knowledge.

Looking at this it actually seems reasonable:

Salary = job type X seniority X experience + location (+ $10K if salary choice)

  • job type = base
  • happiness hero = $45,000
  • content crafter = $50,000
  • engineer = $60,000
  • designer = $60,000
  • Operations officer base = $70,000
  • Executive officer base = $75,000
  • seniority = base multiplier
  • Senior + 5% base and 3k/$m revenue
  • Lead +7% base and 4k/$m revenue
  • VP + 10% and 6k/$m revenue
  • C-level +20% and 8k/$m revenue
  • COO +20% and 10k/$m revenue
  • CEO + 20% and 12k/$m revenue
  • experience = multiplier
  • Master: 1.3X
  • Advanced: 1.2X
  • Intermediate: 1.1X
  • Junior: 1X
  • location = additional
  • A: +$22K (e.g. San Francisco, Hong Kong, Sydney, London, Paris, New York)
  • B: +$12K (e.g. Nashville, Birmingham, Vienna, Austin, Vegas, Tel Aviv)
  • C: +$6K (e.g. Talinn, Warsaw, Bucharest, Santiago)
  • D: +$0K (e.g. Manila, Delhi, Hanoi)
  • equity / salary choice
  • you get a choice of more equity or more salary, if you choose salary, you get +$10K

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