Jan 28, 2018
Fullstack Labs Response
6yThank you for this feedback. We're constantly striving to improve as an employer, so this type of candid feedback is valued and appreciated.
In the early days of FullStack when we were small and didn't have an operations team, we would sometimes forget to perform annual reviews. However, in 2018 we built an operations team and annual compensation reviews are now performed for each employee. We still don't do annual "performance reviews" as we prefer for this to be an ongoing conversation, as opposed to discussing it once per year. But we do now have annual compensation reviews for all employees.
We benchmark our salary ranges against GlassDoor and Dice, and on average, we pay above market rates. Once you factor in overtime pay and profit sharing, most employees end up in the 90th salary percentile for their job title + years of experience.
We bill our clients by the hour, so it’s important for our developers to properly track their time, so that we’re able to correctly invoice our clients. We use Toggl integrated with Jira to do this, and we try to make it as seamless as possible. One advantage of time tracking for employees is that it allows us to pay over time. If employees work more than 40 hours per week, they receive overtime pay for each additional hour worked. For many employees this adds up to tens of thousands of dollars in extra pay over the course of the year. Alternatively, employees are also allowed to bank these over time hours and take additional time off at a future date, instead of taking a bonus. We consistently hear from employees that this is one of their favorite perks. For employees who don’t work the required number of hours (8 hours per day, 40 hours per week) they may feel like they are being micromanaged. But we feel this criticism is unfair. We make it clear in our interviews and our offer letters that you are accepting a full time position if you come to work at FullStack. So if you consistently only work 30 hours per week (or less), your manager will check in with you and see what they can do to help you get in full work days.