Everyone's fair share
Another fundamental principle we have is that we want to pay well and above all fairly. We do this based on the Koodin salary model. In this chapter, we explain how this works for consultants.
The 70 / 30 split
Alle senior consultants hebben recht op 67,5% van de totale jaaromzet die zij gemaakt hebben. Dit noemen we het werknemersdeel van de omzet. Uit dit werknemersdeel worden alle kosten betaald die specifiek met jou als consultant te maken hebben. Bijvoorbeeld een laptop, certificering of trainingen.
Het overige deel gaat naar Koodin. Daar worden alle kosten van betaald van dat wat we nodig hebben om lekker en goed te kunnen werken. Denk aan sales, het aannemen van nieuwe collega’s, het kantoor, de administratie en bijvoorbeeld bedrijfsuitjes.
The fixed salary
Since Koodin focuses exclusively on senior consultants, every consultant receives the same base salary. This has been set at €4,800 for a full-time position of 40 hours per week, excluding vacation pay and Koodin’s pension contribution. This salary serves as the base amount, and you will receive it regardless of whether you are billable or not.
Your salary is paid on the 23rd of each month. If the 23rd falls on a weekend, we will process the payment on the last working day before. This means you will never receive your salary later than the 23rd of the month.
The annual salary adjustment (whether and by how much salaries are increased on average) is determined by Koodin’s management. Individual raises are avoided; we believe that collective salary increases are more valuable. After all, everyone works towards the same goal, and we prefer to maintain fairness across the team.
How is that construction put together?
The monthly bonus vs the annual bonus
Then the second salary component, the bonus. We understand that it is nice to receive more money on a monthly basis, so we have divided the bonus structure into 2 categories: the monthly bonus and the annual bonus.
Monthly bonus
To simplify the somewhat complex model, we have a fixed model for how much bonus is paid out on a monthly basis. Much easier this way. This model has 3 variables:
How many hours are in the contract. Which means how many hours you ar eexpected to work in a week.
What hourly rate is applied.
How many weeks have actually been worked. The principle here is that a full month is worked. For convenience, we assume 4 weeks per month. If you take a week off, 75% of the monthly bonus will be paid out.
Year bonus
Negative annual bonus
It is conceivable that the personal costs are higher than the employee's share of your personal annual revenue, for example, because you have been long-term non-billable due to illness. In this case, we want to ensure that there is no reason for stress to arise, and the negative remaining amount falls under the risk of Koodin. For clarity, no debt will be accrued when the year is financially closed.
Calculation example
Calculation example
We hanteren bij het uitbetalen van de bonus het paid-when-paid principe. De maandelijkse bonus wordt dus pas betaald wanneer de opdrachtgever ook betaald heeft. Op je basissalaris hoef je natuurlijk niet te wachten.
