Compensation

Salary

We adopt the following philosophy in determining compensation.

• Base pay is based on realized impact, not titles. Workstream owners responsible for the success or failure of a project or team are compensated more than individual contributors.
• We make cost-of-living adjustments based on the location. We use benchmarks like Numbeo and levels.fyi to calculate fair and equitable compensation.
• Based on your growth and progression, we review your compensation frequently and can make significant adjustments.

Performance Review

We do performance reviews of every team member biannually. Depending on your performance, you may be awarded a cash bonus, a share option grant, or both.

Benefits

In addition to pay and equity, we offer the following benefits:

• Equipment: We're a remote team, so we offer a budget for equipment that boosts your productivity, like a laptop, monitors, keyboard, mouse, or noise-cancelling headphones. Please see our spending policy for more details.
• Software subscriptions: We'd like you to have the software you need to do your best work, so we provide a budget for subscriptions. Please see our spending policy for more details.
• Language & presentation skills: Many of you will represent Menlo at conferences and speaking engagements, and we'd like to help you develop your language and public speaking skills. You have a US$100 annual budget for apps like Italki, Elsa, or Cambly, or for tutors, classes, and books.
• AI infra & credits: We provide AI infrastructure and credits for team members to use.