Another EA/rationalist org I’ve worked at had a policy of “We don’t want salary to be a major reason for people to want to work here, and we don’t want it to be a reason for them to not want to work here.” That makes a lot of sense to me, and I think it’s probably what Lightcone is going for?
I think that having a blanket policy of “we aim to underpay you by 30% compared to what you would get on the open market” is making pay a reason to not work there. I don’t disagree that the salaries under discussion are massive, but I would never work for a place that openly brags about underpaying me by 30% as if that’s a moral high ground.
I don’t live on the west coast and can’t speak to how far different salaries go, but the rhetoric and strategy being employed here is a major red flag to me.
I think that having a blanket policy of “we aim to underpay you by 30% compared to what you would get on the open market” is making pay a reason to not work there. I don’t disagree that the salaries under discussion are massive, but I would never work for a place that openly brags about underpaying me by 30% as if that’s a moral high ground.
I don’t live on the west coast and can’t speak to how far different salaries go, but the rhetoric and strategy being employed here is a major red flag to me.