ASK ME ANYTHING - Self set salaries
ASK ME ANYTHING:
For almost 4 weeks now our new website is up and running. We feel together we are building a real community to make work more fun! We could not wish for more. Now we are adding an extra topic to our forum. AMA aka Ask Me Anything.
So why not kick off with one of our own stories we get a lot of questions about. Four months ago after an internship of one year, Pim and Joost offered me a job at Corporate Rebels. In true rebel style, they did not tell me what I was going to earn and this was also not a negotiation between us. No, it was up to me to decide what I should earn. So-called self-set salary.
Quite a challenge but very rewarding!
ASK ME ANYTHING in the comments below 👇🏼
Thanks for your question! First of all no, I was not scared. I was excited and happy to take on the challenge. Yes it was hard at some points. And especially in the beginning as talking about money can be a bit awkward. So to answer your question , I feel the hardest thing was realising that there is still a gap in salaries for men and women. One part of my journey in deciding my salary was doing a online check to see what people of my age and in my sort of work earn. After filling all my details I was given two numbers: one next to a pink puppet and the other next to a blue (male) one. As if that wasn't bad enough, the next day I realised I had - without questioning - taken up the female amount.
I did a share of my research online. We have sites where you can check what somebody your age and with what experience earns. Aside from that I had a look at the financials within Corporate Rebels. I asked myself of the money that came in how much I was responsible for. And I also looked at what my colleagues earn. With al of this information I came up with a number I felt fit at this point. Hope this answers you question. Let me know if you have anymore!
I can imagine that for many it is hard to do this, especially for the first time. I believe it helped a lot that Ellen was already part of our company during her intership. She learned a lot about our culture before having to do this.
At the same time, I believe from our perspective - as founders - it's important to make sure that our advice is not taken as a decision. There might be a tendency to do that, and stressing that our advice is just advice is absolutely vital.
We first visited Haier headquarters in Qingdao, China in 2017. We enjoyed an extended conversation with CEO Zhang Ruimin. He told us "there is no such thing as a successful company. There are only companies that move with the times". Those words intrigued me. In hindsight, I never truly understood them. Now I think I do. Let me explain.