I was thinking more about all of the employees at the company who aren’t VP level and are paid significantly less than this.
When a company espouses “about average” compensation as one of their core principles while simultaneously espousing excellence in everything else, there’s a mismatch.
We're paid decent enough for SF bay startup salaries. Worldwide, regardless of where we live/work. This works out quite advantageously for having a distributed workforce, and means many folks earn very top of market for where they happen to live (if there is even a tech market where they live!)
Also, salary bands are transparent both to employees and applicants.
When a company espouses “about average” compensation as one of their core principles while simultaneously espousing excellence in everything else, there’s a mismatch.