<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/7f34524d-9389-4bb8-b803-8796988dd464/Web_logo_(256__256px)_(2).png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/7f34524d-9389-4bb8-b803-8796988dd464/Web_logo_(256__256px)_(2).png" width="40px" /> What we love about this handbook section

🖤 We love that Checkly share some insight into what’s inspired their approach to pay calculation, but go deep on how they do it. For anyone who is looking to tackle this in their own business this page should give you a heap of insight and inspiration yourself to take steps to tackle it too. Employees care more about knowing how their pay is decided and calculated than what others are being paid. If they can see there’s a fair, reasonable process detailed like below, then they’ll trust that they don’t need to question what others are earning. Awesome work from Checkly. 👏

****Check out their entire handbook for inspiration here: đź”—Checkly's full handbook

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📣 This page is public. Please do not add any confidential information.

Compensation is hard! By building a pay calculator, our goal is to:

  1. Provide clarity and transparency to team members and candidates on how their pay is calculated.
  2. Decrease subjectivity, pay inequalities and biases in pay decisions.
  3. Attract people who value transparency and trust as much as we do.
  4. Share our methodology and philosophy around compensation publicly to hopefully help and receive feedback from others, in the spirit of our "We support open source" value.

đź‘Ź 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.

Pay as part of overall compensation


Base pay is just part of our overall compensation structure. Other elements of our overall compensation are:

Our Pay Formula