Re:Compensation as a Reflection of Values
by bcantrill on Thursday March 04, 2021 @07:23PM
(#26350568)
Well, as a clarification: one doesn't join Oxide, but rather gets hired by Oxide -- and we have a deliberate hiring process that is designed to assess candidates with respect to their fit for our mission and values. This leads to a deeply intrinsically motivated team, which addresses some of your concerns.
As for potential upside: yes, everyone has an equity component; if we succeed together, there is more than enough upside for everyone.
Edit: grammar.
Is "commitment to excellence" not a value? If one were to join Oxide but was mediocre, they would surely get fired. But on flip side, if they use their unique combination of skills & discipline, potentially at the expense of some personal sacrifice to bring a ton of value to the company, while still being full of honesty, integrity and decency, then no upside? Or is variable equity refresh the answer to this scenario?
Otherwise "Measuring people impact is hard, so nobody gets paid more" seems a bit crab mentality.