A formula to make compensation fair?
At DevResults, we've come to believe that conventional processes for setting salaries are not only arbitrary, but provide excellent hiding places for bias and prejudice—leading to gender and racial pay gaps. So we've decided to no longer negotiate salaries or raises. Instead, we use a spreadsheet model to calculate everyone's salary, based on their experience, education, and tenure. At our team retreat in February 2019, we decided that we »