Salary formula: A bumpy way to transparency

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Information about Salary formula: A bumpy way to transparency

Published on March 16, 2016

Author: HRTechWorld

Source: slideshare.net

1. The Salary Formula Bumpy Road to Transparency Agata Landzwójczak Zef Hemel

2. 4, PL 200 employees Programmers & Testers (70%), Leaders, Business Support IT 2005 40 interviews, 8 hires/ month (avg)

3. Challenge

4. Salary negotiations 08-2014 100

5. 08-2014 100 Unfair salaries

6. 08-2014 100 Unclear expectations

7. Salary negotiations Fairness Clarity 08-2014 100

8. Idea 09-2014 110

9. Management 3.0: salary formula 09-2014 110

10. How it works Salary = base * (value 1 * param factor 1 + value 2 * param factor 2 + …) 09-2014 110

11. Already tried at Buffer 09-2014 110

12. Technical company technical solution 09-2014 110

13. Iteration #1 11-2014 120

14. Parameters Experience (in years) Seniority (intern expert) Versatility (none fullstack) Advocate (none crazy) Location (city) + Leader bonus (team size) 11-2014 120

15. 70% employees covered 01-2015 140

16. Results 03-2015 150 Salary negotiations Fairness Clarity

17. But ... 03-2015 150

18. 03-2015 150 salary formula Transparency

19. Advocate Idea: pay for what we value Hard to measure objectively Attitude Salary increase not a motivator 03-2015 150

20. Seniority 03-2015 150 EXPERT SENIOR REGULAR JUNIOR INTERN

21. Market changes Market salaries In demand: high versatility 03-2015 150

22. Coverage Process Support Business Support Management 03-2015 150 Scrum Master Product Owner Python Developers JS Developer QA

23. Iteration #2 08-2015 170

24. Transparency 08-2015 170

25. Advocate 09-2015 180

26. Seniority 09-2015 180 Seniority EXPERT SENIOR REGULAR JUNIOR SENIOR + REGULAR + JUNIOR + EXPERT +

27. Coverage 09-2015 180 Process Support Business Support Management Scrum Master Product Owner Python Developers JS Developer QA

28. Market reality 09-2015 180

29. 85% employees covered 01-2016 200

30. Conclusion

31. Conclusion Salary negotiations Fairness Clarity 02-2016 200

32. Thank you Agata Landzwójczak Zef Hemel agata.landzwojczak@stxnext.pl zef.hemel@stxnext.pl @agatonial @zef stxnext.com

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