Compensation 101
The combination of benefits, cash compensation, and equity that you receive from your organization.
What is total rewards?
HRIS, Cap Table, ATS
What are the systems we integrate with?
The point at which your stock options begin vesting.
Pave's most recent public round of funding.
What is Series B?
A combination of implementations, customer success, and support.
What is Success?
A formal statement documenting a company's position and strategy regarding employee compensation.
What is a compensation philosophy?
Customers that are on TR/VOL or CP
What are SaaS customers?
An independent appraisal of the fair market value of a private company's stock.
What is a 409A evaluation?
Pave's original name
Eldrige, Casey and Tucker
What is the Support Team?
A process for revisiting employee's total compensation package at a defined cadence.
What is a merit cycle?
A tool to make changes to all your employee's compensation types during a pre-defined period
What is Compensation Planner?
The cadence with which your stock options are shares get released
What is a vesting schedule?
Pave's first product.
What is total rewards?
Got married 2 weeks ago.
Who is Kristen?
Ranges of pay for a specific job based on factors such as department, level, location.
What are compensation bands?
The number of customers currently using Pave's benchmarking dataset.
What is 2370?
Share price minus strike price
What is net equity value?
Pave's first paying customer
What is PicsArt?
A horse girl
Who is Helena?
A ___ divides an individual's pay rate by the midpoint of a predetermined salary range.
What is a compa ratio.
A tool used to match integration response data to the pave schema.
What is Integration Mapper?
The amount of time you have to exercise your options after leaving the company.
What is post termination exercise window? (PTE)
To have benchmarking customers convert to SAAS customers
What is the flywheel?
1/4 Japanese, 1/4 Chinese, 1/8 Polish, 1/8 Russian, 1/8 Czechoslovakian, 1/8 Romanian. 100% Jewish
Who is Natan?