Sharing our fair salary calculator – feedbacks welcomed
Clément Rog
5 replies
Hey ProductHunt community, we're a small team of 35, operating in 21 countries.
Each nation has specific administrative rules and tax systems, social contribution schemes and retirement benefits.
So our 1-person admin team EITHER has to manage payroll in 21 different (but fair) ways OR create a blanket salary system for all. We chose the former.
Get our fair salary calculator sheet here → https://slite.com/salary and please send me your feedback!
It did take our team close to 1 year to build, test and improve the model. It'll take you 1 second to amplify it here → https://twitter.com/clementrog/s...
Thanks a lot, looking forward to hearing from you!
Replies
Christophe Pasquier@christophepas
Excited to share this to the world!
Creating your grid and calculator is a massive headache, so if we can help other founders we'd love to, please ask anything!
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An employee's pay is determined by the number of hours or calendar days they put in throughout a pay cycle. Salary workers typically put in 260 days in a year, thus their income is determined by dividing their annual wage by 260. The employee can omit step three and apply the same calculation to determine their new daily rate if they are paid semi-monthly.
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The amount of hours or calendar days worked by an employee over the course of a pay cycle determines their compensation. Since salaried employees work 260 days a year, their income is calculated by dividing their yearly salary by 260. If the employee is paid semi-monthly, they can skip step three and use the same formula to find their new daily rate. and https://shareyoursaas.com/ helped me more than once.