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Finances and Salaries - Page 2

A collection of posts on Finance and Salaries

The Transparent Pay Revolution: Inside the Science And Psychology of Open Salaries

How many people know your salary? Your boss, of course. Your partner, perhaps. Maybe a few friends you can trust. What if everyone knew it? And not just everyone at your company; everyone like everyone—Internet commenters. Friends of friends. People you’ve never met. This is the experience of every team member at Buffer, where we’ve been sharing our salaries with the world since 2013. And we’re not alone in breaking the salary taboo: * The startup SumAll shares employee salaries within the

How We Pay Remote Employees Around the World (and Where the Money Goes)

Hi there! This is an older post that we’ve kept around for transparency but that means that sometimes the information is no longer accurate. Head to our homepage to view our most recent posts. Buffer is a fully distributed team, which means that our teammates work from anywhere! Our official headquarters is in California, but we don’t have an office anywhere anymore. Although this is rare, it seems to be a growing trend. As we grow, it has been great to see how larger remote companies such as

Introducing the New Buffer Salary Formula, Calculate-Your-Salary App and The Whole Team’s New Salaries

Hi there! This is an out of date post that we’ve kept around for transparency purposes. Learn more about the latest formula and see all the team’s current salaries here . It’s been over 2 years since we first shared our transparent salary formula ; we’ve be

Introducing Transparent Pricing: What Your Money is Used for When you Purchase a Buffer Subscription

One of the things we’re incredibly excited about at Buffer is transparency. A big part of that is because being transparent simply feels like the right thing to do, intuitively. That by itself, seems reason enough to pursue it. We’ve seen some incredible things happen since we started to focus more on transparency in the last few years. Transparency breeds trust, and trust is the foundation of great teamwork. To put things into perspective, here are a number of things that we’ve made transpare

Why Buffer Has Transparent Salaries and How The Open Salary Formula Works

We’ve updated our transparent salary formula since this post originally was published. Learn more about the latest formula and see all the team’s current salaries here . Joel and Leo discuss one of the best-known elements of Buffer’s culture—transparent salaries—in this Founder Chat. Here are a few more resources for additional information on Buffer’s transparent salaries: • Take

Introducing Open Equity: Buffer’s Equity Formula and Full Individual Breakdown

Ever since we established the Buffer values that are at the heart of our company culture, we’ve been continuously on the lookout for new ways to live those values every day – particularly our important value of defaulting to transparency. Last year, Buffer shared all of our salaries and the formulas behind them. We

The Mistake We Made in Measuring Our Revenue: Confusing Bookings Revenue with MRR

We recently realized that we have been miscalculating our true monthly and annual recurring revenue. I wanted to write up some of the details around this and also apologize for accidentally misleading as a result of getting it wrong. With our commitment to transparency (and the fact we’re rare in sharing our revenue numbers at all) I felt it’s even more important to share our error. We’ve always reported “Annual revenue run rate” and “Revenue” for the month in our investor updates [https://buff

Introducing Open Salaries at Buffer: Our Transparent Formula and All Individual Salaries

Hi there! We’ve updated our transparent salary formula since this post originally was published. Learn more about the latest formula and see all the team’s current salaries here. When we first established the Buffer values that we wanted to have as the center of our company culture, we knew that sticking to these ideas would be an incredible challenge. Especially since we’ve seen before that these values can easily end up being little more than a set of words written on a piece of paper. In ou