Why We’re Transparent
We've recently received a ton of press, ranging from the Wall Street Journal to a live segment on Fox News that you can watch above, on the fact that any employee can access any other employee's financial compensation. We've also been met with a wide array of feedback regarding this decision so we wanted to offer more thoughts on our reasoning.
SumAll was founded on the basis of doing things differently. We were brand new company in a completely new and emerging field with the entire foundation of our business being data transparency. If our business was in data transparency, we decided our culture needed to be a reflection of this. That's why we decided to have an open cap table that anyone can view, why any company wide decision is left up to a vote, and why we have a flat heirarchy. If we were going to be serious about our dedication to making data available to everyone, then this idea of transparency needed to be mirrored throughout our company. Almost two years later and our values and ideals are still as strong as they were.
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