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Buffer unveils a wage calculator alongside an update to its open salary formula

November 24, 2015 - Uncategorized

Some of you may know Buffer as a social media management tool – others recognize it as the company that made the salaries of its entire company public in an effort to provide full transparency for both its team and customers. Since Buffer made its salary formula public two years ago, it’s also made other internal information accessible, such as team diversity, real-time revenue, valuation and term sheet. Today, it’s going back to where it started by reshuffling its salary formula to account for cost of living inflations. “Our previous formula took into account the cost of living in a city, but not the market rate,” Buffer co-founders Joel Gascoigne…

This story continues at The Next Web

Source: The Next Web