Compensation

Total compensation consists of 3 elements, salary, equity, and benefits. FlowForge aims to provide a total compensation package on par with similar companies in terms of: stage of the company, market, role, and level in the role. The data to validate our compensation is obtained through OptionImpact/Pave.com.

Salary

Salary for each role is determined initially during the hiring process based on compensation expectation of the candidate as well as the market rates. Salary is based on your location you live in and the company context. FlowForge pays in your local currency unless explicitly discussed otherwise.

Adjustments

Salary can be increased twice a year. In September, a performance adjustment is done. Performance review is based on our values, and meeting role expectations. A review is held by the CEO and CTO for each employee. They will write 2 to 3 paragraphs of text on what has gone well this year and where the employee can still grow. This text is shared with each individual employee. Compensation increase is expected to be between 0 and 5 percent for October onwards.

Each January compensation is adjusted for each employee with the company for over 6 months. Inflation is set to the value for the preceding calendar year as reported by a international authority (IMF) or else by a recognised national statistics authority.

Equity

FlowForge offers equity for all roles depending on the same variables that decide salary, except your location. Equity is offered as stock options, which upon execution will be transformed in the underlying stock. Stock compensation are awarded on a 4 year vesting schedule with a 1 year cliff. Equity compensation will not vary based on employee location. Equity is only increased on employee promotions. Carta wrote a great blog post about vesting schedules and a cliff.

Employees might be taxed personally when accepting or executing stock options. FlowForge does not provide any advice on financial decisions for employees. For FlowForge employees the Fair Market Value of the underlying stock can be found in this internal document.

Benefits

Last component of the total compensation are the benefits offered. The intent is to keep these as location independent as possible and practical. However, as a company we strive to offer everyone a decent standard of living. As such we might offer location dependant benefits to ensure standards are met.

For everyone

1Password Family

As business users of 1Password each team member gets a free 1Password Family account. You'll need to link your family, see also their docs.

Launch Lunch

Each release is celebrated with a lunch. Team members that join a social Zoom call are encouraged to order a lunch. Lunch can be expensed up to $25.

Dinner Bonus

The company's KPI tracking FlowForge adoption sets an aggresive goal for growth. When the growth target is met a $100 bonus is awarded to be expensed for a dinner out. The bonus is awarded per release.

United States

FlowForge offers a health care package, including dental, for all US-based employees.