<aside> 💡 The below was curated and put together for one of our Open Org Community members, but we thought it might be a useful share for the wider people community. It’s by no means exhaustive, so if you have wider questions or help you need on compensation & pay please just shout 🤙, drop us a DM if you’re in our Slack Community, and if you’re in the Slack community yet, why not dive in? 🙂 👉 www.openorg.fyi/community
Adam & John
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General Resources on Compensation:
👉 Check out Jessie Zwaan’s Articles on Medium, specificially:
Compensation Philosophies Typically what we see as the foundation of any journey to pay transparency. Without a solid philosophy in place it’s hard to build anything out, so getting something in place for your business is critical as a starting point of that journey.
👉 What is a compensation philosophy? And how to set it up? **👉 **14 example compensation philosophies to inspire you 👉 **Compensation Philosophy Template (Figures)
Role-Levelling Resources** Stage 2, as we see it is Role-levelling & job architecture, before you can then go onto things like salary bands… 👉 JooBee Yeow at Learngility has an amazing Career Map framework many have used as their foundation, including Learnerbly who are a well-known pioneer when it comes to career development.
👉 Alistair Fraser at Justly has some great resources on his site, many of them free of charge. Check out his template page here, as well as his levelling template too 👉 Progression.fyi has some great examples of open career frameworks and general advice around approaching this topic 👉 Radford have a very well used job levelling framework that is very much industry standard and could be easily incorporated into your own structure- many companies have used this as the basis for theirs 👉 Figures have a great article on levelling framework with a template you can access and use too
People to Follow on Compensation: 👉 Alistair Fraser (Compensation Consultant) 👉 Tamas Varkonyi (Equity & Shares) 👉 Rachel Gibbs (Compensation Consultant) 👉 Matt McFarlane (Compensation Consultant) 👉 Rameez Kaleem (Compensation Consultant) 👉 Anita Lettink (Thought Leader) 👉 Ruth Thomas (Thought Leader)
Companies doing great things publicly on Comp: 💡 Buffer have a salary calculator on their site which includes a formula for how they work out salaries 💡 Checkly also have a pay calculator on their public handbook, giving extra depth to their openness on salary 💡 Sourcegraph talk in real depth on their handbook about how they may pay decisions across a number of things including new hires 💡 Juro are a great example of a business who have publicly shared how they calculate salaries , but also talk about their compensation review process too. 💡 Posthog have a great page on Comp 💡 Whereby are very thorough with their public approach to compensation