Warren Buffett Executive Compensation Plan

I can give a few firsthand insights, but from a lower management view. At the Berkshire company for which I worked, salary ranges were the norm for non-sales employees. From what I saw, human resources was trying to figure out what Berkshire wanted because there were unfair salary practices that could have been fixed easily. They instituted the ranges and put a freeze on salaries, leaving some employees that were already there at a salary level below the entry level salary. It was a "letter of the law" interpretation over the intent of the "law".

Also, although not salary related, Berkshire sent their auditing teams to make suggestions, even if the management team was left in place when Berkshire bought the company. In my department, the outside auditors wanted to reduce the number of employees. Management had to make a case to keep them.