It’s great that a unicorn like Netflix pay people what they’re worth. I wish everyone did.
This post on LinkedIn got a lot of attention
Transparency, integrity.
Paying people what they’re worth, not the minimum you can squeeze.
it’s not hard treating people like comrades not resources.
Today I learned a bit more of the Netflix story
This is great, but I’d like to see that thinking spread everywhere. Even when not hiring superstars, the team or tribe (not a manager) have an open conversation with people about where they fit on the spectrum and pay accordingly. In Vietnam, we use the Agile community’s version of ShuHaRi with success.
We are still working on convincing some clients to have open pay, but it works for others.
It’s all part of Open Work, which we wrote about in our Open Management book.