Gynger
Gynger Compensation & Benefits
Frequently Asked Questions
We believe that high-impact work deserves high-impact rewards. We ensure our pay and bonus plans remain competitive by treating compensation as a dynamic, data-driven process rather than a static annual event.
Benchmarking and Market Alignment
To ensure we are attracting and retaining the best in the industry, we rigorously benchmark our salaries against leading data sources, including Payscale, Salay.com, and data reports industry recruiters. This allows us to position our total compensation packages at or above the industry median, ensuring our team is rewarded at a level that reflects their expertise and the value they bring to our mission.
Performance-Driven Rewards
Our compensation philosophy is built on transparency and merit. We reinforce this through:
- Annual Compensation Reviews: We conduct formal reviews in February/March that combine real-time market analysis with individual performance evaluations to determine salary increases.
- Transparent Structures: We provide clarity on how performance is directly linked to financial outcomes, ensuring that every employee understands the path to increasing their total rewards.
The Stability Factor
Our employees cite our compensation and benefits as key drivers of their job satisfaction (Glassdoor rating is 4.8/5 in this area). This trust is a major factor in our 2+ year average tenure and our recognition as a Built In "Best Place to Work" for three years in a row. When you join Gynger, you are joining a team that values your contribution and is committed to ensuring your compensation reflects the market-leading work you do.
We’ve curated a big-company-like benefits package that rivals much larger organizations, ensuring our team has the stability they need to thrive in a high-growth startup environment.
Health, Wellness & Family First
We provide premium, comprehensive coverage that looks after both physical and mental well-being. Our suite includes:
- Premium Health Care: Top-tier Medical, Dental, and Vision plans through Aetna.
- Mental Health & On-Demand Care: Access to therapy via Talkspace, primary care through One Medical, and healthcare navigation via Health Advocate. Also, the health Aetna plans also provide access to mental health professionals.
- Modern Family Support: We support all paths to parenthood with fertility and family-building benefits through Kindbody, alongside generous paid parental leave (including 16 weeks for maternity) and adoption assistance.
Financial Security & Future Upside
We ensure our team is rewarded for the value they build today and the legacy they create for tomorrow:
- Ownership & Equity: We offer with company equity options included as a standard part of our total rewards.
- Retirement & Savings: We offer a 401(k) plan via Empower, alongside HSA and FSA options to help you manage your finances efficiently.
- Protection: Company-paid Life and AD&D, along with voluntary disability insurance provide a necessary safety net for you and your family.
Flexibility & The "High-Trust" Workplace
We operate with a flexible mindset that respects your life outside of work:
- Flex PTO: No counting days! We offer a high-trust "Flex" PTO policy that covers everything sick days, vacations, religious holidays, etc.
- Hybrid & Remote Freedom: Whether you’re collaborating in our NYC hub (complete with weekly catered lunches and a stocked kitchen) or working from your home office, we provide the tools you need to stay connected.
- Commuter Support: Pre-tax transit and parking benefits to make your journey to the office as seamless as possible.
A Commitment to Continuous Learning
Growth at Gynger is personalized. We back our team’s ambitions by funding one-off professional certifications and continuing education that align with your career goals. Combined with our 3.6/5 manager support rating, we ensure you have the resources and the mentorship to stay at the top of your game.
Equity is a standard component of our total rewards package, ensuring that as the company grows, our team shares in that financial success.
How it Works
Our equity program is designed to reward long-term commitment and alignment with our mission:
- Grant Type: Employees are offered Incentive Stock Options (ISOs), which are administered through Carta, giving you a clear, real-time view of your ownership and its potential value.
- Standard Vesting: We follow a traditional four-year vesting schedule with a one-year cliff" This means that after your first anniversary, you begin to earn your stake in the company monthly, reaching full vesting at the four-year mark.
- Transparency: Our leadership and recruiters are open about our growth trajectory and the mechanics of your options, so you understand exactly how your contribution translates into long-term value.
