Salaries: Difference between revisions
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* [[Finance Management#Salary_Grid|Finance Management]] | * [[Finance Management#Salary_Grid|Finance Management]] | ||
== | == 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. | ||
Here is the formula itself and an explanatory legend below to calculate. | |||
[[File:Salary Formula Latest.png|left]] | |||
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*LMV - Local Market Value [https://www.zaplatomer.bg/ Zaplatomer] | |||
*10% increase over the highest salary announced in Zaplatomer | |||
*IMV - International Market Value for a low-cost city (PayScale.com; Glassdoor.com) | |||
*38% - taxes deduction for USD salary | |||
Revision as of 10:50, 18 December 2020
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. Please note, all salaries are calculated in Bulgarian Lev and the salaries presented are NET.
Individual Contributors
- Android Development
- Full Stack Web Development
- Front-End Web Development
- Information Security
- Microsoft System Administration
- Linux System Administration
- QA Automation
- Quality Assurance
- Product Owner
- DevOps
- Digital Marketing
- Marketing Automation
- Business Analysis
- Community Management
- Graphic Design
- WebSite Development
- Business Development
- Business Intelligence
- Technical Sales and Support
- Product Marketing
- UX/UI Design
- Technical Recruitment
- Accounting and Finance
Management
- Software Engineering Management
- Marketing Management
- Strategic Business Development Management
- Partner Success Management
- Product Management
- Human Resources Management
- Operations Management
- Finance Management
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. Here is the formula itself and an explanatory legend below to calculate.
- LMV - Local Market Value Zaplatomer
- 10% increase over the highest salary announced in Zaplatomer
- IMV - International Market Value for a low-cost city (PayScale.com; Glassdoor.com)
- 38% - taxes deduction for USD salary