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Information-sharing site Reddit no longer negotiates salary when it recruits new talent. It’s a policy that was instituted by interim CEO Ellen Pao, who last month lost a high-profile gender-discrimination case against her former employer.
Ariane Hegewisch, study director at the Institute for Women’s Policy Research, says Reddit’s policy is a novel concept for the private sector. But, she notes, salaries for most government workers are already set in a similar way.
“There is not a very large scope for negotiation,” she says. “Whether it will work in the IT industry will be very interesting.”
Reddit’s policy is unusual. Most companies still embrace traditional salary negotiation.