Compensation change approvals
| If you want to… | Your management | People | Talent | Finance | Notes |
|---|---|---|---|---|---|
| Give someone a promotion (and raise their compensation at the same time) | Approval | Approval (to ensure leveling criteria have been used) | Notify (if your hiring plans change) | Fill out the changes to role and compensation form. Once submitted, the People Ops team will reach out with any questions prior to making the change, or will notify you once the change has been made. | |
| Bring someone’s compensation in line with their band | Notify (approval only required in special circumstances) | Notify | Fill out the changes to role and compensation form. Once submitted, the People Ops team will reach out with any questions prior to making the change, or will notify you once the change has been made. | ||
| Give someone a spot bonus | Approval | Approval | Notify | Fill out the changes to role and compensation form. Once submitted, the People Ops team will reach out with any questions prior to making the change, or will notify you once the change has been made. | |
| Change your team compensation bands | Approval (VP-level approval required) | Notify | Notify | Approval | Change proposals should come with clear justification in the form of: - Evidence of market changes - Evidence of multiple lost candidates due to compensation or multiple new hires coming in with special compensation levels |
| Give an offer or promotion with compensation outside of band (including one-time hiring bonuses, unique commission plans, draws, and similar) | Approval (VP-level approval required) | Approval | Notify | This should be extremely rare, in keeping with our compensation philosophy. More often, if a candidate requires this, it’s likely an issue with our bands needing updates or misleveling of a candidate. |