Salaries: Difference between revisions

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= Technical Engineers =
Many companies create confusion around compensation rules, hoping they will get away with paying people unfairly. The outcomes are bad feeling, low morale, high turnover and toxic office politics. Completely [[Transparency|transparent]], our policy in this document is publicly available. Everyone has a right to know about career progression, how they can achieve success, and where their colleagues stand.
We keep salary rules simple and easy to understand. They are based on the levels and are public knowledge. We introduce them in the page of each framework so you know exactly how much your qualifications are worth in Secure Group. The salary for each position is available in relevant the framework page. Please note, all salaries are calculated in Bulgarian Lev and the salaries presented are NET.


== Web Development ==
= Salary formula =
<div class="center">
{| class="wikitable"
!colspan="3"|Web Development
!colspan="4"|Step
|-
!rowspan="11"|Level
|-
!Individual Contributor Path
!Management Path
!1
!2
!3
!4
|-
!1: Web Developer
!-
|2.000 lv
|2.150 lv
|2.300 lv
|2.450 lv
|-
!2: Sr. Web Developer
!-
|3.000 lv
|3.150 lv
|3.300 lv
|3.450 lv
|-
!3: Software Engineer
!Manager
|4.000 lv
|4.150 lv
|4.300 lv
|4.450 lv
|-
!4: Sr. Software Engineer
!Sr. Manager
|5.000 lv
|5.150 lv
|5.300 lv
|5.450 lv
|-
!5: System Architect
!Head of
|6.000 lv
|6.150 lv
|6.300 lv
|6.450 lv
|-
!6: Sr. System Architect
!Director
|7.000 lv
|7.150 lv
|7.300 lv
|7.450 lv
|-
!-
!Sr. Director
|9.000 lv
|9.400 lv
|9.800 lv
|10.200 lv
|-
!-
!Chief of
|11.200 lv
|11.600 lv
|12.000 lv
|12.400 lv
|-
!-
!VP
|13.400 lv
|13.800 lv
|14.200 lv
|14.600 lv
|}


== Android Development ==
We use a custom formula to ensure that our salaries are on top of the market. With this formula, we calculate the salary for a Level 2 Step 1 (for the IC Path), which is the equivalent of a senior position in the local market, and with that, we build the salary grid for the framework. Since we are an international company and our employees contribute to solutions that have a global impact, we consider it fair to compare their monetary reward with the one in the foreign labor markets.


== DevOps ==
We use another formula for building the Management positions. We look for the position's title in a US Salary Information Site and in the local salary information websites. From the US monthly gross salary, we deduct 38% for defining the net salary and apply the cost of living index for Sofia which is 0.75. The result corresponds to Step 3 of each of our Management Levels.


== System Administration ==
Both formulas can be checked in our [[Compensation]] page.
 
== Automation QA ==
 
== Software Testing ==
 
= Marketing =
 
== Strategic Marketing ==
 
== Digital Marketing ==
 
== Community Management ==
 
== Design ==
 
== WebSite Development ==
 
= Business Development =
 
== Strategic Business Development ==
 
== Product Management ==
 
== Partner Success ==
 
== UX Design ==
 
== Project Management ==
 
= Operations =
 
== Accounting ==
 
== Operations & HR ==

Latest revision as of 09:27, 23 June 2021

Many companies create confusion around compensation rules, hoping they will get away with paying people unfairly. The outcomes are bad feeling, low morale, high turnover and toxic office politics. Completely transparent, our policy in this document is publicly available. Everyone has a right to know about career progression, how they can achieve success, and where their colleagues stand. We keep salary rules simple and easy to understand. They are based on the levels and are public knowledge. We introduce them in the page of each framework so you know exactly how much your qualifications are worth in Secure Group. The salary for each position is available in relevant the framework page. Please note, all salaries are calculated in Bulgarian Lev and the salaries presented are NET.

Salary formula

We use a custom formula to ensure that our salaries are on top of the market. With this formula, we calculate the salary for a Level 2 Step 1 (for the IC Path), which is the equivalent of a senior position in the local market, and with that, we build the salary grid for the framework. Since we are an international company and our employees contribute to solutions that have a global impact, we consider it fair to compare their monetary reward with the one in the foreign labor markets.

We use another formula for building the Management positions. We look for the position's title in a US Salary Information Site and in the local salary information websites. From the US monthly gross salary, we deduct 38% for defining the net salary and apply the cost of living index for Sofia which is 0.75. The result corresponds to Step 3 of each of our Management Levels.

Both formulas can be checked in our Compensation page.