Hi! I’m from an ed-tech start-up. We’re a team of around 75 people as whole. I wanted to get a perspective on comp and benefits from similar sized teams or a little larger than us, say 300 people on the following things -
1. What is generally the fixed to variable ratio in salaries? How does it differ domain wise? For example, maybe the sales team would have a larger division than the rest of the domains, is that true? How much variation is there?
2. How much increment do you guys give out? What is it based on?
3. For different domains does it mean different increments on the same rating - for example, for tech teams will a 3 mean a different increment %age than other domains, or does it remain standard org-wide?
4. If it’s different, does every function have a different increment %age standard or is it only different for the tech team?
5. What are the functions where you need to give out increments faster? How do you do it?
6. How frequently do you do a performance review process? If twice, then how is the mid-year performance review process different from the annual one?
7. Does the mid-year process also have ratings?
Thank you!