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I'm not a developer, but the process is the same for them. Where revenue is directly attributable to something, that's taken into account. For non-technical ro
by Matticus_Rex 8y ago
I'm not a developer, but the process is the same for them.
Where revenue is directly attributable to something, that's taken into account. For non-technical roles, business decision-making ability is heavily accounted-for, as are skills like legal research that are fairly specific (that's one of mine). It's not a very precise process, but I have yet to see any precise process for compensation that wasn't obviously pretty bad. There's also a requirement around capital contribution in relation to your pay level, and then you also get some quarterly/yearly distributions.
Our entire company is remote, so comparing to market rates is tricky. It's below-market for the Bay Area (but so are most startups), and far above market rates for the area I live in. Anecdotally, my pay (and responsibility) has gone up significantly here compared to previous jobs because this system allows a pretty dynamic evaluation base, whereas my previous employers' compensation systems didn't know how to account for outliers in output and competency, at least below executive levels.