How We Hire: Compensation and Hiring in a Small Startup
micho.bizHoly shit...I read this:
"Remote work penalty: -25%, to account for the loss of communication and productivity"
And nearly choked. Apparently you're expecting your remote employees to just be complete / utter slackers.
Good point. That's attracted a lot of criticism to the post.
The rationale behind that is: We want a strong company culture. As a fitness startup, that involves things beyond work, which include working out, brainstorming over walks and lunch, etc.
The way we see it is, we want our team to be based in Berlin. If somebody isn't, that isn't ideal, and thus we offer a lower compensation to discourage it.