Compensation¶
- https://www.outseta.com/posts/payment-structure
Salary¶
Everybody earns the same, and can work from 3 to 5 days
For example 100k per year for 5 days.
Profit sharing¶
10% profit sharing based on duration contracted and days worked. Calculation is total days worked since start to take into account;
- People who work more or less than others
- People who contribute for a longer period
- People who just started need to contribute first
- People who start mid year
For example
Year 1¶
Profit share: 10.000
- Employee 1 works 40 hours the full year (2000 hours)
- Employee 2 works 32 hours half the year (800 hours)
Total hours: 2800
- Employee 1: 2000 / 2800 = 71% -> 7.100
- Employee 2: 800 / 2800 = 29% -> 2.900
Year 2¶
Profit share: 25.000
- Employee 1 works 40 hours the full year (2000 hours) -> 4000
- Employee 2 works 32 hours the full year (1600 hours) -> 2400
- Employee 3 works 32 hours for 2 months (250 hours)
Total hours: 3850 -> 6650
- Employee 1: 4000 / 6650 = 60% -> 15.000
- Employee 2: 2400 / 6650 = 36% -> 9.000
- Employee 3: 250 / 6650 = 4% -> 1.000
Year 3¶
Profit share: 35.000
- Employee 1 works 40 hours the full year (2000 hours) -> 6000
- Employee 2 works 32 hours the full year (1600 hours) -> 4000
- Employee 3 works 32 hours for 2 months (1600 hours) -> 1850
Total hours: 5200 -> 11850
- Employee 1: 6000 / 11850 = 50% -> 17.500
- Employee 2: 4000 / 11850 = 33% -> 11.500
- Employee 3: 1850 / 11850 = 15% -> 5.250
Year 4¶
Profit share: 50.000
- Employee 1 works 40 hours for 2 months (250 hours) -> 6250
- Employee 2 works 32 hours the full year (1600 hours) -> 5600
- Employee 3 works 32 hours the full year (1600 hours) -> 3450
- Employee 4 works 40 hours for 5 months (1300 hours)
Total hours: 4750 -> 16600
- Employee 1: 6250 / 16600 = 38% -> 19.000
- Employee 2: 5600 / 16600 = 34% -> 17.000
- Employee 3: 3450 / 16600 = 21% -> 10.500
- Employee 4: 1300 / 16600 = 7% -> 3.500
Year 5¶
Profit share: 65.000
- Employee 2 works 32 hours the full year (1600 hours) -> 7200
- Employee 3 works 32 hours the full year (1600 hours) -> 5050
- Employee 4 works 40 hours the full year (2000 hours) -> 3300
Total hours: 5200 -> 15050
- Employee 2: 7200 / 11050 = 48% -> 31.000
- Employee 3: 5050 / 11050 = 34% -> 22.000
- Employee 4: 3300 / 11050 = 18% -> 12.000