An overview of how Compensation works at Wednesday. Take a look at how Salaries and Bonuses work here.
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 andAccessible: Our formula needs to be simple enough for everyone to understand
Adaptable: Our framework needs to be able to adapt and evolve