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May 24, 2015 05:05 pm GMT
With the closing of the Mad Men era, what is old is popular once again. Silicon Valley may be known for its colorful workplaces and free catered lunches, but its true innovation in compensation was exchanging the rigid tenure-based salary systems of East Coast professional firms for the meritocracy of the pure labor market. Everyone must discover their own competitive wage and equity level in… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/kUe7HKvtv14/
Lockstep Salaries Are Making A Comeback
With the closing of the Mad Men era, what is old is popular once again. Silicon Valley may be known for its colorful workplaces and free catered lunches, but its true innovation in compensation was exchanging the rigid tenure-based salary systems of East Coast professional firms for the meritocracy of the pure labor market. Everyone must discover their own competitive wage and equity level in… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/kUe7HKvtv14/
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