I’ve posted about this last year. However, during this time they’ve managed to keep it up and have risen their salaries. The article is an interesting read that goes about their reasoning for paying everyone the same salary.
It’s quite rare to see a company pay every employee the same salary, even rarer to have salaries this high. Very interested in how long they’ll be able to keep this up.
About the company
Oxide Computer Company is the creator of the world’s first commercial Cloud Computer, a true rack-scale system with fully unified hardware and software, purpose built to deliver hyperscale cloud computing to on-premises data centers. With Oxide, enterprises can fully realize the economic and operational benefits of cloud ownership, with access to the same self-service development experience of public cloud, without the public cloud cost. Oxide empowers developers to build, run and operate any application with enhanced security, latency, and control, and frees enterprises to up-level IT operations to accelerate strategic initiatives. Oxide customers include the Idaho National Laboratory as well as a global financial services firm. To learn more about Oxide’s cloud computer, visit oxide.computer.
Yeah, the reason most of them can afford these salaries is their previous equity payouts at other startups they’ve been involved in together. They specifically under-pay employees on cash compensation, and you’ll notice he specifically side-stepped the topic of equity. I bet you can imagine why.