Mistakes of Leadership-Reddit CEO
Apr 9, 2015 18:13:35 GMT -6
dirkgently, Glencairn, and 2 more like this
Post by bonhommearmonica on Apr 9, 2015 18:13:35 GMT -6
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Reddit CEO Ellen Pao Eliminated Salary Negotiations to 'Level Playing Field'
This is bad business and the lady from shark tank pointed out the basis of it..
The CEO of Reddit just turned around and promised no salary negotiation
not to improve pay for women across the board
This is at worse marxist at best misguided feminism
Allow me to make a prediction
She will be eased out in a few years
she will make enemies quickly
Also she will lose people to Google
or she will drop the policy
This is a step backwards NOT a step forward
There is a way to get equality in pay but not the way she is doing it..
conclusion
-Reddit CEO will not thrive and it will be constant battle and backstabbing
-The policy wont fly for long
Bad business
For more details just ask
Reddit CEO Ellen Pao Eliminated Salary Negotiations to 'Level Playing Field'
Reddit CEO Ellen Pao, who recently lost her own sex-bias case against a major venture capital firm she worked for, says she can provide what the company calls a more "level playing field."
Named the interim CEO of web company Reddit last year, Pao said that her firm has eliminated salary negotiations for new employees because they can be detrimental for women.
Two weeks ago, a jury ruled mostly against Pao in her gender discrimination lawsuit against former employer Kleiner Perkins Caufield & Byers. Pao alleged she was criticized during performance reviews for qualities that male employees were praised for, such as being "aggressive," according to the lawsuit.
'Shark Tank' Judge Lori Greiner Reveals Her Mentor, Most Bizarre QVC Product
Ellen Pao Loses Silicon Valley Sex Bias Case
She explained to the Wall Street Journal in an article published yesterday that she has an "interesting perspective" at Reddit to create an "equal opportunity environment for everyone." One of her moves has been to eliminate salary negotiations for new employees.
A spokeswoman for Reddit told ABC News that Reddit eliminated salary negotiations in the past few months to provide candidates with "a more level playing field." The company negotiates to convert cash to equity if workers want more equity in exchange for a lower salary. Reddit, based in San Francisco, has about 75 employees, according to the spokeswoman.
Named the interim CEO of web company Reddit last year, Pao said that her firm has eliminated salary negotiations for new employees because they can be detrimental for women.
Two weeks ago, a jury ruled mostly against Pao in her gender discrimination lawsuit against former employer Kleiner Perkins Caufield & Byers. Pao alleged she was criticized during performance reviews for qualities that male employees were praised for, such as being "aggressive," according to the lawsuit.
'Shark Tank' Judge Lori Greiner Reveals Her Mentor, Most Bizarre QVC Product
Ellen Pao Loses Silicon Valley Sex Bias Case
She explained to the Wall Street Journal in an article published yesterday that she has an "interesting perspective" at Reddit to create an "equal opportunity environment for everyone." One of her moves has been to eliminate salary negotiations for new employees.
A spokeswoman for Reddit told ABC News that Reddit eliminated salary negotiations in the past few months to provide candidates with "a more level playing field." The company negotiates to convert cash to equity if workers want more equity in exchange for a lower salary. Reddit, based in San Francisco, has about 75 employees, according to the spokeswoman.
This is bad business and the lady from shark tank pointed out the basis of it..
The CEO of Reddit just turned around and promised no salary negotiation
not to improve pay for women across the board
This is at worse marxist at best misguided feminism
Allow me to make a prediction
She will be eased out in a few years
she will make enemies quickly
Also she will lose people to Google
or she will drop the policy
This is a step backwards NOT a step forward
There is a way to get equality in pay but not the way she is doing it..
conclusion
-Reddit CEO will not thrive and it will be constant battle and backstabbing
-The policy wont fly for long
Bad business
For more details just ask
