Tidepool Compensation Philosophy
- JanetK
The following policy applies to U.S. employees and all full-time contractors.
Salary
Fair compensation is critical to making Tidepool a desirable place to work and helping our employees lead happy, healthy lives inside and outside of the office. When used as a motivational tool, though, it can incentivize the wrong kind of optimizations. Our goal with salary is that it checks the box of "enough" for folks excited about working at Tidepool (because of our mission, people, and products) and then fades into the background.
As a nonprofit start-up, our goal is to be fiscally responsible and to extend our financial operating runway as long as possible until we have enough revenue to be self-sustaining.
Your compensation reflects what you do for Tidepool. Your compensation is not based on your geographical location. This will tend to benefit people who live in lower-cost-of-living areas and may be a challenge for people who live in higher-cost-of-living areas like the SF Bay Area or New York City.
As of October 2023, our target is to pay people at the 40th percentile of base salary when compared to similar roles at technology companies across the US. As a source of comparison data, we use the Radford McLagan Compensation Database for North America, which provides us with compensation data for over 2000 technology companies.
Tidepool re-evaluates compensation annually based on updated Radford data sets. Our ability to use updated data sets is dependent on our current and future financial situation.
A Word on Benefits
We offer our full time employees other generous benefits including flexible Paid Time Off (PTO), Paid Parental Leave, exceptional Medical, Dental, and Vision Coverage, Health and Dependent Care FSA, Continuing Education Reimbursement, and more. More information about Tidepool’s benefits can be found in Tidepool’s Employee Handbook - Healthcare and Other Benefits section.
Equity
Tidepool is a non-profit corporation with no equity investors and does not award stock or stock options.
The content of the Tidepool Employee Handbook is licensed under a Creative Commons CC0 1.0 Universal (CC0 1.0) Public Domain Dedication.