From 172ad85b8b98c727c929eefd1f109a2cef2dde83 Mon Sep 17 00:00:00 2001 From: makeworld Date: Thu, 23 May 2024 11:35:09 -0400 Subject: [PATCH 1/2] update base salary and geoscaling info --- How-we-work/salary.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/How-we-work/salary.md b/How-we-work/salary.md index 2886181d..7f175ea8 100644 --- a/How-we-work/salary.md +++ b/How-we-work/salary.md @@ -7,7 +7,7 @@ This document outlines the salary tiers of Hypha members and the review process. The base salary for each member is determined according to: ``` -Base Salary = 50,000 CAD * L^l * R^r * S^s * Modifiers + Adjustment +Base Salary = 51,250 CAD * L^l * R^r * S^s * Modifiers + Adjustment ``` with the following criteria: @@ -19,8 +19,8 @@ with the following criteria: | **S**eniority | `S=1.025` | Seniority in organization `s=[0-3]` | | Commitment | `0.250`-`1.200` | Modifier applied to members working part-time or over-time each week | | Contractor | `1.050` | Modifier applied to contractors who do not receive employee benefits | -| Geo-upscaling | `1.150` | Modifier applied to members living in higher cost of living regions compared to Canadian average | -| Geo-downscaling | `0.850` | Modifier applied to members living in lower cost of living regions compared to Canadian average | +| Geo-upscaling | `1.150` | Modifier applied to members living in higher cost of living regions compared to Toronto | +| Geo-downscaling | `0.850` | Modifier applied to members living in lower cost of living regions compared to Toronto | | Adjustment | | Custom dollar amount adjustment applied on a case-by-case basis | At salary review time, each member will perform a self-assessment to suggest their *L* and *R* to an review group made up of other members who are most suited to contribute to their evaluation. Together they will determine the appropriate values for the upcoming cycle. *S* and the *Modifiers* are based largely on objective factors, and a custom dollar amount *Adjustment* may be applied to retain members with high market demand skills, or in other special circumstances. @@ -76,7 +76,7 @@ The table below lists *base salaries* at `S=0` in CAD for four-day work weeks. T | L0 | 51,250 | 57,400 | 64,288 | 72,003 | 80,643 | | L1 | 59,450 | 66,584 | 74,574 | 83,523 | 93,546 | | L2 | 68,962 | 77,237 | 86,506 | 96,887 | 108,513 | -| L3 | 79,996 | 89,595 | 100,347 | 112,389 | 125,875 | +| L3 | 79,996 | 89,595 | 100,347 | 112,389 | 125,875 | | L4 | 92,795 | 103,931 | 116,402 | 130,371 | 146,015 | | L5 | 107,643 | 120,560 | 135,027 | 151,230 | 169,378 | | L6 | 124,865 | 139,849 | 156,631 | 175,427 | 196,478 | From 092841f3a04867e4eb682e6ff323b7e80fee9797 Mon Sep 17 00:00:00 2001 From: makeworld Date: Thu, 23 May 2024 11:43:23 -0400 Subject: [PATCH 2/2] shrink table --- How-we-work/salary.md | 20 ++++++++++---------- 1 file changed, 10 insertions(+), 10 deletions(-) diff --git a/How-we-work/salary.md b/How-we-work/salary.md index 7f175ea8..454eb2a9 100644 --- a/How-we-work/salary.md +++ b/How-we-work/salary.md @@ -12,16 +12,16 @@ Base Salary = 51,250 CAD * L^l * R^r * S^s * Modifiers + Adjustment with the following criteria: -| Criteria | Scaling factor | Description | -|:-------------------|----------------:|:-------------------------------------------------------------------------------------------------| -| **L**evel | `L=1.160` | Skills and experiences `l=[0-6]` | -| **R**esponsibility | `R=1.120` | Responsibilities `r=[0-4]` | -| **S**eniority | `S=1.025` | Seniority in organization `s=[0-3]` | -| Commitment | `0.250`-`1.200` | Modifier applied to members working part-time or over-time each week | -| Contractor | `1.050` | Modifier applied to contractors who do not receive employee benefits | -| Geo-upscaling | `1.150` | Modifier applied to members living in higher cost of living regions compared to Toronto | -| Geo-downscaling | `0.850` | Modifier applied to members living in lower cost of living regions compared to Toronto | -| Adjustment | | Custom dollar amount adjustment applied on a case-by-case basis | +| Criteria | Scaling factor | Description | +|:-------------------|----------------:|:----------------------------------------------------------------------------------------| +| **L**evel | `L=1.160` | Skills and experiences `l=[0-6]` | +| **R**esponsibility | `R=1.120` | Responsibilities `r=[0-4]` | +| **S**eniority | `S=1.025` | Seniority in organization `s=[0-3]` | +| Commitment | `0.250`-`1.200` | Modifier applied to members working part-time or over-time each week | +| Contractor | `1.050` | Modifier applied to contractors who do not receive employee benefits | +| Geo-upscaling | `1.150` | Modifier applied to members living in higher cost of living regions compared to Toronto | +| Geo-downscaling | `0.850` | Modifier applied to members living in lower cost of living regions compared to Toronto | +| Adjustment | | Custom dollar amount adjustment applied on a case-by-case basis | At salary review time, each member will perform a self-assessment to suggest their *L* and *R* to an review group made up of other members who are most suited to contribute to their evaluation. Together they will determine the appropriate values for the upcoming cycle. *S* and the *Modifiers* are based largely on objective factors, and a custom dollar amount *Adjustment* may be applied to retain members with high market demand skills, or in other special circumstances.