Wednesday Playbook
Our Services
  • Welcome to our Playbook
  • What we do
    • Our Services
      • Catalyse - For companies looking for staff augmentation services
      • Launch - Startups and Early Stage Companies
      • Control - Fast-paced tight-deadline projects with moonshot ROI potential
      • Amplify - Scaleups and Hyper-Growth Companies
      • Do's and don'ts
      • Ceremonies
    • Our Partner Programs
      • Agency Partner Program
      • Advisor/Consultant Partner Program
      • Investor Partner Program
      • Developer Tooling Partner Program
  • Employee Handbook
    • How We Work
      • Our Values
      • Our Dream Team
      • Our Leave Policy
      • Out of Office
      • Communication
      • Security Practices
      • Hiring Philosophy
    • Employment Policies
      • Equal Opportunity Employment
      • At-Will Employment Policy
      • Code of Conduct
      • Employee Privacy
      • Compensation
      • Performance Appraisal Policy
        • Timeline for each appraisal cycle
        • Guidelines for Self, Manager, Peer & Colleague Reviews
    • Starting at Wednesday
      • Your first day
        • Onboarding Checklist
      • Becoming a permanent employee
      • Getting Paid
      • Dress Code
      • Work Hours
    • Benefits and Perks
      • Holiday List
      • Paid Time Off
      • Group Health Insurance
      • Conferences
      • Hardware & Software Licenses
  • Engineering Playbook
    • Introduction to Our Engineering Playbook
    • System Architecture & Design
      • Templates
    • Release Engineering
      • Git-flow
      • Code reviews
      • Commit Messages
      • Pull requests
      • Continuous Integration and Delivery
    • Careers in Engineering
      • Hiring Engineers
      • Career Growth
  • DESIGN PLAYBOOK
    • Introduction to Our Design Playbook
    • Who we are
      • Our Journey
    • Why Us
      • Our Values As Designers
    • Careers in Product Design
      • Hiring Designers
  • Project Management Playbook
    • Introduction to Our Project Management Playbook
    • General Guidelines
      • Checklists
        • Internal Checklist
        • Customer Onboarding Checklist
    • Our Approach
      • Agile Ceremonies
        • Sprint Planning
        • Standups
        • Retrospectives & Demos
      • Stakeholder Management
        • Documentation
      • Team Management
    • Careers in Project Management
      • Career Growth
  • Communications
    • Introduction to Our Communications Playbook
    • Content
      • Channels
      • Process
        • Articles
          • Article Structure
            • Introduction Section
            • Instruction Sections
            • Getting Started Section
            • Theory Section
            • Reference Sections
            • "Where to go from here" section
          • Choose your topic
          • Write your outline
            • Research the topic
            • Create your article outline
          • Sample project
            • Follow the four commandments
            • Create a starter project
          • First draft
            • Think of the reader as a beginnner
            • Stay in limit
            • Make it scannable
            • Explain Code
          • Polish your draft
            • Use Hemingway
            • Review as a reader
    • Brand Assets
      • Wednesday
      • The Wednesday University
      • The Wednesday Show
  • Legal Templates
    • Client Contracts
      • Fixed Cost
        • Master Services Agreement for Fixed Cost
        • Statement of Work for Fixed Cost Projects
      • Time and Material
        • Master Services Agreement for T&M
        • Statement Of Work for T&M Projects
    • Personnel Contracts
      • Internship Offer & Intent to Hire
        • Internship Offer Template
        • Annexure 1 - List of Documents for Interns
        • Acknowledgment of Receipt of Playbook for Interns
        • Letter of Intent to Hire
      • Offer cum Appointment Letter for full-time personnel
        • Offer Cum Acceptance Letter Template
        • Annexure 1 - List of Documents for Personnel
        • Acknowledgment of Receipt of Playbook for Personnel
      • Contractor Agreement
        • Contractor Agreement Template
        • Annexure A
  • Elsewhere
    • Our Products
    • The Wednesday Show
    • Wednesday University
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  • Salary
  • Retention Bonus

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  1. Employee Handbook
  2. Employment Policies

Compensation

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 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.

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Last updated 2 years ago

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