The Full Compensation Calculator

👋 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: giacomo@ledgy.com Thanks again and happy calculating!

Great work Giacomo and team Ledgy!

Just tried it myself and was baffled by the comprehensiveness! Great job @giacomo_venier2 and team @sedgy

In the past months I spoke to many recruiters at top scale-ups to learn about building great teams. Even the most well-known startups still struggle to communicate the value of equity in a job offer conversations. Many have a hard time making it tangible to candidates what it means to get 0.5 % or €100,000 of equity in a fast-growing startup compared to earning astronomic amounts at Google, Apple, or Facebook. At Ledgy, we build the Full Compensation Calculator to give employees an easy way to understand what it means to them if their company grows 10×, 100×, or even more! Just enter your salary, equity grant, and valuation of the company to see if your offer might be even better than what you get at a big corporate!

This is such a great app. Love the simplicity and transparency it creates around compensation. I feel more empowered as a startup employee looking at the total compensation package. Love the "use custom company valuation" feature 👏. Makes it easy to simulate what can happen at a future investment round in the company. Great job Giacomo and team! 🤘

Transparency at the offer stage is so critical! So many companies prioritise salary but don't incentivise candidates in the best way because they miss the chance to communicate the cash value equivalent with equity. Puts more power into the candidate's hands – great stuff

As a self employed individual I don’t know that I could use this but would definitely recommend to a friend! 💯