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Update base salary and geoscaling info #299

Merged
merged 2 commits into from
May 30, 2024
Merged

Update base salary and geoscaling info #299

merged 2 commits into from
May 30, 2024

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makew0rld
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Two updates to salary.md:

  • Base salary in the formula is updated to $51,250 to match the salary table from Update base salaries #280
  • Geo-scaling description is corrected to what Ben informed me when I joined

| Commitment | `0.250`-`1.200` | Modifier applied to members working part-time or over-time each week |
| Contractor | `1.050` | Modifier applied to contractors who do not receive employee benefits |
| Geo-upscaling | `1.150` | Modifier applied to members living in higher cost of living regions compared to Toronto |
| Geo-downscaling | `0.850` | Modifier applied to members living in lower cost of living regions compared to Toronto |
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I don't think we do geoscaling inside Canada but adding Toronto specifically could suggest we do. What do you think?

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@makew0rld makew0rld May 27, 2024

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If we don't do geoscaling inside Canada then that should definitely be mentioned here. I don't know what official policy is so I will wait for ops to chime in.

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I think it's okay to have Toronto in here since that really is our base case and is easily clarified when someone asks.

@makew0rld
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makew0rld commented May 27, 2024

@hyphacoop/operations please double check the geo-scaling content and comments. Salary numbers don't need review as they have not been changed.

@LexaMichaelides
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This is great, thanks so much Cole and Vincent!

| Commitment | `0.250`-`1.200` | Modifier applied to members working part-time or over-time each week |
| Contractor | `1.050` | Modifier applied to contractors who do not receive employee benefits |
| Geo-upscaling | `1.150` | Modifier applied to members living in higher cost of living regions compared to Toronto |
| Geo-downscaling | `0.850` | Modifier applied to members living in lower cost of living regions compared to Toronto |
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I think it's okay to have Toronto in here since that really is our base case and is easily clarified when someone asks.

@LexaMichaelides LexaMichaelides merged commit bf9308b into master May 30, 2024
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@makew0rld makew0rld deleted the fix-salary branch May 30, 2024 19:45
@tripledoublev
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Thanks @LexaMichaelides

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3 participants