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Clarify comp changes in handbook (#11853)

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Co-authored-by: Joanne Stableford <59930035+JoStableford@users.noreply.github.com>
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Zach Wasserman 2023-07-01 16:31:43 -07:00 committed by GitHub
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handbook/business-operations/README.md
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@ -133,6 +133,7 @@ At Fleet, performance feedback is a continuous process. We give feedback (partic
## Compensation changes
Fleet's founders [evaluate and update compensation decisions yearly](#workiversaries), shortly after the anniversary of a team member's start date.
Compensation at Fleet is determined by benchmarking (we use [Pave](https://pave.com)) with role, experience, location, and performance. Annual raises are not guaranteed, particularly when compensation is already strong relative to benchmarks.
## CEO handbook
The [CEO handbook](./ceo-handbook.md) details processes specific to Mike McNeil, CEO of Fleet.