Read Expensify CEO's email on company's plans for fighting injustice - Business Insider

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Read the email Expensify's CEO sent to customers on MLK Day outlining the company's plan to fight injustices with a 'highly experimental' crowdsourced campaign

- Anything helping those under 18, especially those who are in groups that are already marginalized and suffering injustice.Describe the community work you are already doing, or intend to startExplain how this work relates to one or more of the current funding areasWe expect quite a few applications, so we are going to evaluate them in stages.

report. Specifically, we were struck by the "Gender pay gap by race, relative to white men" chart, which outlines the "uncontrolled pay gap" -- a value that does not limit itself to people in the same role. We feel this is the best measure of the financial effects of accumulated systemic inequality, as in theory if society were perfectly just, everyone would follow the exact same career trajectory regardless of gender or race.

This conundrum is the whole basis of the philosophy of "equity", which led us to our first, very brute-force proposal: let's just directly pay anyone in a historically marginalized group more, based on the Payscale data. This would mean white women, who earn $0.81 on the dollar relative to white men, would get a 19% raise -- to "catch them up". All Black, Native American, and Hispanic women would get a 25% raise.

This led to the third idea -- the one we're actually going with -- which is to take the largest wage gap , and then for every one dollar paid to a white man in the company, donate $0.25 to . The result adds up to about $3MM/yr.

 

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'crowdsourcing'? sounds like a grift, leading to a tax write-off for the company. if this is how they do business, I hope they shutter their doors soon

this is terrible news

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