While building our salary approach we chose to make it simple and fully aligned with the team experience we're building. While we're expanding our team globally, our salary grid remains the same as we've chose to provide the same pay for the same role across all timezones.
We build our salary grid to show what we value: the expertise and impact every team member is bringing to the team, not their location.
Our salary grid focuses on two variables:
- Impact: What matters is the level of responsibility and impact you'll have on the team. We believe management paths are as valuable as individual contributors path to folk. 👀 Here's to learn more about folk's Impact levels.
- Expertise: What matters to us is the combinaison of experience and expertise you'll bring to our team on your area. 👀 Here's to learn more about folk's Expertise levels.
Always good to know: your position on the salary grid isn't set in stone. We'll follow up with performance review every year so you'll know how you can grow and progress within folk.
To sum up, your salary at folk will look like:
Salary = Role type X Expertise Level X Impact Level
You can use the spreadsheet below to easily compute a salary👇
How do we approach salary positioning at folk?
How do you project yourself in terms of salary expectations? What are your salary expectations for such a role?
At folk, salary expectations is a topic we address right at the beginning of each and every interview process. During the very first call.
This first call is all about taking a first step in defining our overall level of alignement and refining it as we move forward with the recruitment process. We believe there’s no point in moving forward if high level expectations aren't aligned. And no matter how much you're passionate about your role, compensation is a part of it.
In full transparency, our interview process being a funnel, we won't be able to precisely position yourself within our salary grid until a later stage as we want to have a better vision of your impact and expertise level within our team.
This is one of the many reasons that led us to publicly share our salary approach. As you probably know yourself better than we do, sharing our salary approach upfront might help you position yourself and define if we're aligned right from the beginning of our discussions. Then we'll be able to confidently move forward in the interview process and circle back with you at a later stage to refine your positioning.
👀 If you want to learn more about Equity at folk, check out this page.