Thursday, April 09, 2015

In 30 years this will be pointed to as the start of the end of Reddit OR The Harrison Bergeron School of Economics

Reddit CEO Ellen Pao Bans Salary Negotiations To Equalize Pay For Men, Women
“Men negotiate harder than women do and sometimes women get penalized when they do negotiate,” she said. “So as part of our recruiting process we don’t negotiate with candidates. We come up with an offer that we think is fair. If you want more equity, we’ll let you swap a little bit of your cash salary for equity, but we aren’t going to reward people who are better negotiators with more compensation.”
This is idiocy at it's basest level.  Maybe it would work if you had a captive job market, like Apple, Google, Intel et. al tried to achieve, but we don't and so talented workers will either not accept offers or will flee the company as soon as they realize that they won't be paid what they perceive they are worth.

Note:  It should go without saying, but I know that it won't.  Of course I believe in equal pay for men and women who do equal work, but that isn't what this is about.  This is about the use of leveling to achieve a political goal and apparently the vitality and success of the company is not a concern.
“by averageness and leveling down, everything gets obscured, and what has thus been covered up gets passed off as something familiar and accessible to everyone. virtue of an insensitivity to all distinctions in level and genuineness, and in providing average intelligibility, opens up a standard world in which all distinctions between the unique and the general, the superior and the average, the important and the trivial have been leveled”.[2]

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