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The Full Compensation Calculator

 2 years ago
source link: https://www.producthunt.com/posts/the-full-compensation-calculator
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Understand the value of your new job offer👋 Hey Product Hunters! :)

This is Giacomo from Ledgy – a company whose mission is to support entrepreneurs and startups as much as we can.

🤔 Problem: Startups are exciting places to be. If you have an offer to join a scaling company, you might have won a ticket on board the next global rocket ship. Especially if the startup gives you the chance to own a piece of the business in the form of an equity stake.

But young, early-stage businesses don’t always have totally smooth, transparent processes. When you get that offer letter, you might find that the details on compensation aren’t always super clear.

Even if the salary and number of share options are included in an offer letter, you’ll hardly ever see a company take the time to outline what your ‘true’ compensation is – i.e., how much your salary and equity are collectively worth to you on an annual basis.

We see this all the time. Working at Ledgy, I know that every time a friend gets a new job offer, they ask me how they should value their stock options. 😅

So we thought: why not build a tool that gives people more transparency over what their salary and equity really mean in cash terms?

🛠️ Solution: Help employees with startup job offers understand the value of their compensation with an intuitive calculator.

⚡️ Features and capabilities

- 💰 See what your ‘true’ yearly compensation package is worth, including salary and equity - 🚀 See what your equity might be worth in the future if the company valuation increases - 👨‍👩‍👧‍👧 Share your offer with friends, family, advisors etc - 📈 Play around and model different exit scenarios

Of course, the value of your equity stake might go up or down depending on company growth, the economic climate, your own personal career choices, and many other factors. If you’re uncertain about what your equity actually means for your compensation, check out the calculator and get some clarity.

Let us know what you think of our Full Compensation Calculator and what can be improved! 🙌

Feel free to leave a comment below, or reach out via email: [email protected]

Thanks again and happy calculating!


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