Bridget Harris
๐ค SpeakerAppearances Over Time
Podcast Appearances
But this was an example of our first open salary scheme.
So we just basically put people within about $2,000 or euros or sterling within each other so they could see, roughly speaking, where they were.
And it kind of broke down because of the size of our company now.
But basically, you don't have to overthink it.
It's not that difficult.
You just have to let people know.
You advertise what salary you're going to pay somebody and then they come in and they know what everybody else gets paid.
So in terms of the metrics, market rates, the kind of comparisons that we make, we use Glassdoor.
And You Can Vote Me pays up to double market rates.
We look at pay ratios, which is the gap between the lowest and the highest paid.
Incredible, some incredible ratios coming out of publicly listed companies in America.
But 201 times is essentially the average.
You Can Vote Me is 4.3, and I'm going to come on to that.
It's not because we're massively socialist or weird.
It's because there's actually very good logic to why we keep our wage ratio low.
and then cost of living in different regions.
Numbio index tells you how much it costs to live anywhere and we basically split it into four pay regions inside You Can Book Me.
Anybody recognise this place?
Anybody live there?
Six people live there.