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I work at Fog Creek, and this is just incorrect. Profit sharing is a simple formula known to everyone in the company, so you can easily figure out how much everyone made in profit sharing at the end of the year.

Honestly, I know it sounds too good to be true, but all compensation is completely open and honest.

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That is not what I was told when I asked last year. Thanks for jumping in and clarifying.

Just to be clear - does that apply to Joel and Michael too? If so, a tip of the hat to both of them.

Since the formula is based on number of days worked, I've always assumed that they just use the same formulas for themselves (and they get a lot more because they've worked at Fog Creek much longer than anyone else), but I guess I've never asked.

But I think the point is more that I know I'm not getting screwed over compared to my peers in the company -- it wouldn't really bother me to find out that they take extra for themselves since it is their company and all...

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