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https://builtin.com/people-management/pay-transparency
#afrotech #bigtech #entrylevel
most of her career, Caryn Hubbard thought of salaries as a private matter. Then, she joined as its VP of finance.
Known for its culture of radical transparency, for its employees online. That means anyone — not just other employees — can find salaries on Buffer’s website. The exposure took some getting used to at first, she told Built In in 2021, but it also had a profound impact on how she thinks about salaries.
WHAT IS PAY TRANSPARENCY?
Pay transparency refers to companies being open about the compensation provided for current and prospective employees, as a step toward pay equity.
For starters, it’s increased her awareness of bias and pay inequities. When employee pay is no longer a secret, every little difference in salary needs to be accounted for. That’s challenged her as the head of finance — and the company as a whole — to think about its pay philosophy and the way bias can creep in to create those pay differences.
Talking about salaries has since become second nature.
“I’m definitely more comfortable [talking about salaries],” Hubbard said. “It’s changed some of the conversations I have, and I will talk about salary more openly, even with my kids.”
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