26. Closing the gender gap with transparent salaries. w/ Jenny Terry, Buffer

Remote First

Buffer is a fully remote company that is recognized for their culture & openness and transparency. Especially when it comes to Salaries - a topic that is quite a debate recently as companies are looking into the longer term impact of remote work. This week I have the pleasure to chat with Jenny Terry, Director of Business Operations at Buffer.

In this episode you will hear:

• How Buffer set their formula to adjust the salary with benchmarking and bands.
• If employee get a salary decrease if they change location
• The challenges and benefits of transparent salaries
• Why Buffer chose to go with transparent salaries - building trust
• Gender-pay gap analysis
• Average salaries of men across the company compared to women
• People new to WFH experienced that productivity often goes up when people are working from home.
• Giving equal benefits around the world

Links:

• Book: Psychology of Money
• Buffer's blog post - How We’ve Lowered Our Gender Pay Gap From 15% to 5.5%

Reach out! - You can reach out to the host Daphnée Laforest on Linkedin :)

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