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That's the lesson from Jean Charles Samuelian, bespectacled CEO and cofounder of French health tech startup Alan. Alan is a software startup that offers health insurance online, up against incumbents such as Axa, Allianz, and Generali, and was founded in 2016. The startup operates on a policy of extreme transparency, meaning that staff salaries, compensation, bonuses, and equity shares are fully available to employees. Company decisions are explained in monthly all-hands meetings."People need to feel valued and I think employees stay because we explain decisions to them and care about their mental health."
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CEO ostensibly explains why s/he *thinks* it works.