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Obvious University
Website
  • 👋Welcome to Obvious University!
  • Strategy
    • Sprints
      • 1️⃣Map
      • 2️⃣Sketch
      • 3️⃣Decide
      • 4️⃣Prototype
      • 5️⃣Test
    • Benchmarking
    • Research
      • 1️⃣Research guide
      • 2️⃣How to recruit users
      • 3️⃣How to conduct an interview well
      • 4️⃣How to take notes
      • 5️⃣How to prep for remote research
      • 6️⃣How to throw a watch party
      • 7️⃣How to create artefacts
  • Working with Features
    • Building with AI
      • 1️⃣Understand the tech
      • 2️⃣Map your product
      • 3️⃣Build a proof of concept
      • 4️⃣LLM Inputs
      • 5️⃣LLM Responses
    • Building Help and Support
      • 1️⃣How to scope a support experience
      • 2️⃣How to design discovery for support
      • 3️⃣How to design a support centre
      • 4️⃣How to write good support articles
  • Product Design
    • Microcopy
      • 1️⃣How to write well
      • 2️⃣How to write phrases
      • 3️⃣How to write messages
      • 4️⃣How to create a voice
    • Typography
      • 1️⃣How to compose type
      • 2️⃣How to create a type scale
      • 3️⃣How to pick typefaces
      • 4️⃣How to pair typefaces
    • Design System
      • 1️⃣Introduction to design systems
      • 2️⃣How to audit a design system
      • 3️⃣How to run a design system pilot
      • 4️⃣How to set up a design foundation
      • 5️⃣How to build components
      • 6️⃣How to document a design system
      • 7️⃣How to enable adoption and govern a design system
    • Mobile Engineering
      • 1️⃣Trunk based development
      • 2️⃣Agile development terminology
      • 3️⃣Git commit messages
      • 4️⃣Code review and pull requests
      • 5️⃣Readings
  • Delivery
    • Project Management
    • Collaboration
  • Hiring and Growth
    • Growth
      • 1️⃣Design growth framework
      • 2️⃣How to give ongoing feedback
      • 3️⃣How to check-in every quarter
      • 4️⃣How to address underperformance
      • 5️⃣FAQs
    • Hiring and careers
      • 1️⃣The Hiring Process
      • 2️⃣Diverse and Inclusive Hiring
  • PEOPLE EXPERIENCE
    • Benefits and Perks
      • 1️⃣Paid time off
      • 2️⃣Insurance and healthcare
      • 3️⃣Continuing education
      • 4️⃣Speaking at conferences
    • Starting at Obvious
      • 1️⃣Introducing Obvious
      • 2️⃣Set up your workspace
      • 3️⃣Onboarding
      • 4️⃣Finances
      • 5️⃣Code of Conduct
    • Employment policies
      • 1️⃣Equal opportunity employment
      • 2️⃣At-will employment
      • 3️⃣Employee records and privacy
      • 4️⃣Prevention of sexual harassment
      • 5️⃣Drugs and alcohol
      • 6️⃣Fraternisation
      • 7️⃣Non-compete and non-solicitation
      • 8️⃣Non-disclosure
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On this page
  • 👋 Introduction
  • 1️⃣ Compensation
  • Driving principles
  • Getting paid
  • Compensation changes
  • 2️⃣ Finance and expense policy
  • 3️⃣ Financial Literacy
  1. PEOPLE EXPERIENCE
  2. Starting at Obvious

Finances

👋 Introduction

To make Obvious a workplace worth being part of, we practice equal pay for equal work, offer our employees the benefit of using a financial planner and have a transparent expense policy.

1️⃣ Compensation

Driving principles

  • Fair and equitable: Everyone at the same overall level gets paid within the same salary band. This ensures pay parity and helps us stay aligned to being a bias-conscious workplace

  • Adaptable: Our salary framework will adapt and evolve with changing times

  • Competitive: Our compensation package will be equal to or more than the industry’s standard for that role and level

Getting paid

  • We make all salary payments on the last working day of the month. Additionally, every Friday, we clear all pending payments for the preceding week.

  • We deduct and submit taxes (TDS) on your behalf to the government towards your income tax. When you are hired we will get you set up on our banking system. Please make sure you go through the finance checklist which you should get about a week before your first day.

Compensation changes

  • Compensation changes do not follow an annual cycle. As indicated by quarterly assessments, there is an opportunity for every quarterly role review to see an upward trajectory. That means subsequent compensation changes can happen almost immediately. You can be eligible for a salary increment without being promoted, provided your mentor(s) recommend a salary hike.

  • People will spend at least a year at the start of each level. There is space to move up mid-level in a year’s time.

Obvious does not currently give bonuses for any reason.

2️⃣ Finance and expense policy

Like all small companies, Obvious is attempting to minimise expenses as much as possible in order to extend our financial "runway" for as long as possible. Most of our expenses—over 65% typically*—*are people-related: salaries, contractor expenses and benefits.

All team leads have business credit cards; if you need to purchase something, just ask one of them.

Guidance

  • Online services that save us time and effort are totally worth the money. We subscribe to a bunch of them: GitHub, Slack, Figma, G Suite, and Digital Ocean to name a few.

  • When travel is possible, please use Cleartrip, Makemytrip, or a similar service for good fares. If you have a long flight, it's OK to book an "extra room" seat in coach so that you can get work done. We'd advise being reasonable — no business or first class, super fancy restaurants and cars.

  • When travelling on work to other cities (If you are Bangalore-based) or travelling to Bangalore (If you are remotely located and are required to work out of the studio for a period of time),

    • Your travel and stay will be booked by the office, unless specifically requested by you, in which case, you can get the expenses reimbursed.

3️⃣ Financial Literacy

PreviousOnboardingNextCode of Conduct

Last updated 1 year ago

There is a daily allowance on food & cab expenses (to the studio from your hotel & back, if relevant). This is Rs. 1,000 per day. Unless otherwise specified & signed off by your function head, that is the upper limit on reimbursable expenses. To claim reimbursement, you can apply via by EOD Wednesday on any week and the reimbursement will reach them by Friday of that week.

We have partnered with , a boutique, fee-only financial planner to offer everyone at Obvious free financial planning and investment advice. Once you have completed your probation period, you will have access to this along with all the other standard Perks and Benefits.

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