Compensation Types

Pave’s compensation benchmark includes two types of compensation: cash and equity.

Cash

Within cash, we break it down into:

  • Base Salary: The fixed cash component of total compensation
  • Variable: Variable includes commissions and bonus. The variable components represents “on target earnings”, or the amount if the individual/team/company hits their goals, not the actual payout amount. 
  • Total Cash: The sum of Base and Variable components

Equity

Within equity, we break it down into:

  • Total Gross Value of All Grants: Calculated as the total number of granted shares multiplied by the most recent investor (preferred) price from a company's most recent round of funding.


All equity is shown as a USD cash equivalent and a percentage of the total equity associated with a company. When calculating the cash value of equity we use the company's most recent preferred price from their last round of funding, multiplied by the number of shares granted to an individual. The  % equity value represents the percentage based on fully diluted shares in the company.

Note: If you have only connected cash data from your HRIS or payroll system, then you will only be able to see cash benchmarking data. If you’ve only connected equity data from your cap table system, then you’ll only be able to see equity data.