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Reddit CEO Ellen Pao Bans Salary Negotiations To Equalize Pay For Men, Women
sabri points out that Reddit CEO Ellen Pao plans to ban salary negotiations in an attempt to equalize pay for men and women. "After losing a sex-discrimination lawsuit in Silicon Valley last week, Ellen Pao continues on her crusade to bring gender equality to the tech world, but this time with a focus on her home turf. As Reddit’s interim CEO, Pao said she wants to eliminate salary negotiations from the company’s hiring process. In her first interview since the lawsuit, Pao told with the Wall Street Journal Monday that the plan would help level the playing field. 'Men negotiate harder than women do and sometimes women get penalized when they do negotiate,' she said. 'So as part of our recruiting process we don’t negotiate with candidates. We come up with an offer that we think is fair. If you want more equity, we’ll let you swap a little bit of your cash salary for equity, but we aren’t going to reward people who are better negotiators with more compensation.'"
... as long as they agree with my opinion.
Sent from my ENIAC
"...I told her..."
See, there's the problem. If it was a male cashier, he would have negotiated. I hear they're better at it.
"National Security is the chief cause of national insecurity." - Celine's First Law
Most companies work that way.
I have a friend who lead a small team. He found out what percentage of the company revenue his team was responsible for. He demanded a raise for everyone on his team based on how much money they were bringing in.
HR explained to them that they couldn't have raises because of their titles and his title for which he was apparently already over paid. He got ahold of the list of titles and responsibilities. He pointed out that he did the work of about 8 executive level positions, so he demanded the titles and salaries of all 8 positions. Alternatively, HR could approve the raises for his team.
His team all got their raises.
No thank you!
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.