Compensation is hard! By building a pay calculator, our goal is to:
👏 We have to give kudos to companies such as Buffer, GitLab, Codacy and Whereby for their work and public documentation on pay. We adapted their approach to fit our culture and stage. We also found "How to Structure Compensation for Remote Teams around the World" by Rodolphe Dutel from Remotive a very interesting and helpful article.
Base pay is just part of our overall compensation structure. Other elements of our overall compensation are:
Base Pay = Role x Seniority x Performance x Location
(Final pay decisions remain an executive decision.)
<aside> 📢 If your pay is higher than the calculation by the formula, we will not reduce your pay! Instead - depending on how high above the calculation your pay is -, you may have to wait longer for your next pay increase or your next pay increase may be smaller so we can get you back on track with our pay philosophy.
💱 Click here to see and make copy of our Pay Calculator in action
We used multiple benchmarking sources (LinkedIn Salaries, Glassdoor, Payscale, Option Impact) to determine the 50th percentile base salary for our roles.