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Comment by mtillman

We don’t do this. If we hire someone for the same role and level as we already have on the team (ie sr devops) they either get paid the same (CoL index adj)as the existing person or we adjust the existing person up to the new salary. In the event of a fundraise, or equivalent growth of a new round size, we adjust everyone to the new comp that we’d pay an outsider to join for that role. Our opinion is that if you aren’t willing to pay an existing person the same that you’d pay an outsider with the same role & level, just let them go. It’s unkind and unnecessary string them along at a marginal advantage.
parent mtillman 2 years ago

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