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In the top two levels of engineers there were no Black employees. At the third level down, only two of the 58 engineers were Black. One of those was the lowest paid employee in the group, by a wide margin. He made $19k less than the next lowest paid engineer at the same level.— Nathaniel Popper (@nathanielpopper) December 29, 2020
A personal anecdote, my homeboy and I interviewed at Coinbase around the same time and were both extended offers (both declined). When it came to salary, they offered him $10k more than me and we couldn't figure out why. He's a white dude, btw. And we have the same amount of exp. https://t.co/6ez8Q3Wr5P— Iheanyi Ekechukwu (@kwuchu) December 29, 2020
Important phrase there being “similar jobs” (which plenty of the twits in the replies apparently can’t understand). That’s Coinbase, where they decided that “politics” isn’t important and should focus on “the mission”. When a bro tells you who they are… https://t.co/sUx9HELAiU— Charles Arthur (@charlesarthur) December 30, 2020
“When she factored in stock options for Coinbase’s employees—often an important part of pay at start-ups—the compensation for women and men was roughly the same”— Suhail (@Suhail) December 30, 2020
In conclusion: women are paid slightly more in stock options for a company about to go public & might make more? 🤔 https://t.co/tZBRFh4ZeP
Alt theory: Management did decide politics was important, in fact so important that it must be forcefully eradicated from the company to maximize value extraction from human resources.— Kontra (@counternotions) December 30, 2020
(Today's the Hump Day not the Charity Day.)
Coinbase's 'we don't do politics' declaration is turning out to be the most political thing they've done.— Jamaal Glenn (@JamaalGlenn) December 29, 2020
It's also put a huge spotlight on everything thing they do.
No doubt the NYT was sent this precisely because of that spotlight.
Should have just kept their mouths shut. https://t.co/03ThfiakMs
NEW: We were sent a trove of inside data on what Coinbase pays its employees.— Nathaniel Popper (@nathanielpopper) December 29, 2020
We had an economist crunch the numbers.
The upshot: women and Black employees across the company earned far less than their colleagues in similar jobs.https://t.co/DAycaw564S
The New York Times now covers tech as a political and societal issues beat rather than as a business and innovation beat.— Moon 🌙 Dudas (@mdudas) December 30, 2020
I feel hoodwinked by Coinbase since I actually agree with a policy of separating politics from work (i.e. don’t want pro Trump or Biden discussions in the office) but it seems they primarily did it as a way to quash employees raising questions in the wake of #BlackLivesMatter https://t.co/7iaYKzb2F5 pic.twitter.com/OEIxyeoYjA— Dare Obasanjo (@Carnage4Life) December 29, 2020
NYT says women and blacks are paid less at Coinbase. Buried deep in the article: no control for experience and education, as they do for others, much less other factors.— Richard Hanania (@RichardHanania) December 30, 2020
Includes menacing quotes from lawyers.
This is not news, it's stamping out dissent. https://t.co/PkMcN2kdUA pic.twitter.com/CYWZ2L5fL1
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