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Echometer Compensation Model 2021
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Table
Please check the compensation model for the legal definitions
Calculator
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RoleSoftware EngineerAll other rolesInputs
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Monthly Base Salary - Updated monthly once revenue threshold is passed.RoleAll other roles
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Level 13.000 €2.400 €Experience points456
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Level 23.150 €2.550 €Social points0
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Level 33.300 €2.700 €Loyalty bonus012
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Level 43.450 €2.850 €MRR-threshold BonusLevel 1Level 2Level 4
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Monthly experience bonus - Updated monthly. Points based on full years of min. 50% part-time positions or internships in either a relevant function (Sales, Marketing, Software development etc.) or relevant industry (SaaS- / Startup). A year in part-time positions and internships counts as 0.5 points. Each universitary degree (bachelor, master separately) adds one point as well.Year 1Year 2Year 3
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less than 2 points0 €Monthly Salary2.700 €3.050 €3.550 €
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2 points100 € thereof Base2.400 €2.550 €2.850 €
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3 points200 € thereof Experience300 €400 €500 €
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4 points300 € thereof Loyalty0 €100 €200 €
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5 points400 € thereof Social0 €0 €0 €
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6 points500 €Total Yearly, before bonus32.400 €36.600 €42.600 €
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7 points600 €Year-end bonus at 100%25%25%25%
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8 points700 €Total Yearly, with bonus40.500 €45.750 €53.250 €
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9 points800 €
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10 (or more) points900 €
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Monthly loyalty bonus
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per full year100€
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Monthly social bonus - Updated monthly. For dependent childs and direct, disabled family-members one takes care of.
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0 persons cared for0 €
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1 person cared for200 €
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2 persons cared for400 €
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3 persons cared for600 €
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4 or more persons cared for800 €
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Quarterly team bonus - paid at the end of each quarter based on accomplishment in %.
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Weight of quarterly bonus at 100% accomplishement10%25%
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VSOP - only discussed after first year full-time employment.
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Criteria on which founders evaluate candidates: (1) Individual's pro-active professional contribution (2) Individual's team building & mentoring contribution (3) Individual's contribution towards shaping strategic direction.
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