The title of the piece is "Basecamp doesn’t employ anyone in San Francisco, but now we pay everyone as though all did"
Here's a quote that resonated with me:
"Do better than what you can get away with. Do more than the bare minimum. Don’t wait for the pressure to build. Don’t wait for the requests to mount. The best time to take a step forward is right now."
David, one of the cofounders of Basecamp, is referring to not only making changes to their pay system, but in running a business or living your life. Don't wait. The time is now. It is always now.
And back to pay for a second, what I really like about Basecamp's approach to pay is that it's transparent and fair. And by fair, I mean that it's easily understood, it's consistent, and it's meaningful. It's "right".
When I worked at Simple, our pay philosophy was "simple".
Pay people right.
There is depth in that statement. There are levels of what it means to pay right. I'll dive into some more of what I mean by "pay people right" in future blog posts.