Transparency at Fog Creek Software (English, 1:28)

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Video Narration
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Description

Part of a script for Fog Creek Software for a documentary series on the company's open policy about salary.

Vocal Characteristics

Language

English

Voice Age

Young Adult (18-35)

Accents

North American (General) US African American

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
how much money do you earn decades ago? discussions about salaries and compensation in the workplace were seen as taboo. but now more and more companies are being open and transparent about these topics particularly in the tech industry here at fall creek software salary transparency has been part of our evolution as a company since the very beginning in the interest of fairness. fall creek's compensation policy is open public simple and accountable. says founder joel spolsky in a blog post from august 2000. according to spolsky, some companies consider revealing your salary a fireable offense. we feel that in the long run, this can only hurt us through negative morale, high turnover and destructive office politics. anil dash current ceo of fog creek remembers when he first read joel's thoughts on compensation, like a lot of people in tech at that time, i hadn't studied much about workers' rights or the history of labor. so i didn't know what a great role, predictable compensation paid in making work more fair. joel being joel, he couched it in the context that many coders like rational, predictable systems, which is also often true. and i think from both standpoints it was about making workers happy and reducing some of the stress and tension around compensation and salaries which are some of the most fraught conversations anyone can have at work.