# Compensation ### Salary When used as a motivational tool, though, it can incentivize the wrong kind of optimizations. Our goal with salary is that it checks the box of "enough" for folks who are excited about working at Wednesday and then fades into the background. * **Fair and Equitable**: A basic tenet of our framework is that everyone doing the same work gets paid the same * **Simple and** **Accessible**: Our formula needs to be simple enough for everyone to understand * **Adaptable:** Our framework needs to be able to adapt and evolve * **Competitive:** Our compensation package remains competitive Wednesday evaluates compensation annually. Our ability to offer raises is dependent on our current financial situation. ### Retention Bonus Wednesday only offers a retention bonus on completion of a year. The details of this bonus (if applicable) will be clearly mentioned in your offer. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://playbook.wednesday.is/employee-handbook/employment-policies/compensation.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.