At the recently held UnPluggd, one of the speakers (Nikhil, founder of TintUp) mentioned a very interesting aspect of the company culture – everybody in the team knows the company bank balance (ofcourse, revenue) and importantly, each other’s salary details.
This not just brings openness in the team, but also smacks down all specualations/comparisons in the company (yours is bigger than mine?).
Image Courtesy of njaj / FreeDigitalPhotos.net
To read the original article: Startups : Would You Be This Transparent? [Open Salaries] : NextBigWhat.com