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Handbook6. HR PoliciesCompensation

Compensation

Pay

Everyone at Menlo is on the same payscale, with cost of living adjustments based on location.

Your base cash pay is determined based on realized impact, not titles. Workstream owners, responsible for the success/failure of a project & team, are compensated more than individual contributors. Folks at the same contribution levels receive equitable base pay.

Based on your progression speed, we have been known to adjust pay frequently and aggressively.

Location

We provide a location adjustment for folks living in a high cost of living area. We use the Numbeo index to arrive at a fair & equitable total.

Bonus

Depending on location, we pay a discretionary cash bonus twice per year. The bonus typically ranges from 5-17% of your base pay, and is based on the company’s performance and your individual contribution.

ESOP

We offer an employee stock ownership plan to all full-time employees. The ESOP is a key part of our compensation package and is designed to align everyone’s incentives with the long-term success of the company. Read our ESOP policy.

Benefits

  • Equipment: After the probation period, you get a 10001000-1500 USD budget for equipment. Eligible items inlude: laptop, monitors, keyboard, mouse, and noise cancelling headphones. Please see our spending policy for more details.

  • AI Subscriptions: We are an AI native team - the expectation is to use AI to 100x your productivity. You get $100/month towards AI subscriptions and tools. Search AI API Key Access Instructions in Discord to get access.

  • Language & Presentation Skills: We grant a $100 yearly budget to improve in language skills (eg Italki, Elsa, Cambly tutors, classes and books)

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