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https://builtin.com/people-management/pay-transparency

#afrotech #paytransparency #money

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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AfroTech | Pay Transparency How Much Money Do You Make in Tech? 09:46 Share

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AfroTech | Pay Transparency How Much Money Do You Make in Tech?