andcards Handbook

The purpose of this document is to share company values and working culture.

⏰ Last updated: November 14th, 2020.

Who We Are

Vision

Let tenants get the most out of workspace membership.

Mission

Make apps for a pleasant coworking space member experience.

Values

πŸ’Ž Perfectionist β€” completing work to the highest standards of quality.

❀️ Empathetic β€” genuinely caring about each other and customers.

🧠 Responsible β€” caring about work and deeply understanding its goal.

πŸ’¬ Transparent β€” work and communicate openly.

βœ‹ Honest β€” acknowledge problems and find solutions openly.

Story

Co-founders Igor & Ross both worked in a traditional corporation. In 2017, they started working on their first startup. They discovered shared workspaces and were impressed by their flexibility and convenience for work. However, it was hard to find out about all the services the coworking space has to offer. So they went on a quest to build technology for flexible workspaces to put coworking in members' pockets.

Products

andcards is a member-first coworking space software service. It is available for iOS, Android and the web.

What makes us different

πŸ’• Member Focus β€” andcards is the app for coworking space members, not a management software for admins. Our key users are residents of flexible workspaces. We build and evolve our product around the user experience of workspace tenants. The key priority is the ease of use, intuitiveness and simplicity of discovering and getting workspace services.

🧩 Best of Breed β€” andcards is not trying to build every possible feature. We offer best-in-class way for coworking space members to interact with a workspace. We believe that in the age of software specialization, it's impossible to build all-in-one software that lives to the high expectations of consumers. We focus on what we do best and partner integrations to construct a seamless workspace customer journey.

πŸ“² Product of the Future β€” andcards technology sets a new bar in workspace software industry. We innovate fast and quickly adopt the most cutting edge technologies to improve workspace member experience. From user behavior studies to frequent product updates, we have developed a rapid innovation cycle to make tenants happier. Our mobile apps are highly rated on app stores and meet expectations of the most demanding consumers.

Company Identity

andcards brand identity is composed of several elements:

How We Work

Language

English (U.S.) is the official language for all andcards internal written and verbal communications. One-on-one internal written communications are also in English because sometimes it's necessary to forward a conversation. Use of another language is only allowed in the following cases:

Tools & Tips

We use a variety of software tools and services to work. When you sign up for team services, make sure to include:

G Suite

Google account is for team productivity. We use it mainly for:

Slack

Slack is our main communication tool. Join it using your G Suite account and fill in details in your profile. Tips to get the most out of Slack:

Trello

Trello is our core project management tool. Here are some tips on how we use it:

Engineering

Engineering Tech Stack

We use modern JS version and following development tools to build our products:

andcards Backend

andcards Frontend

The most up-to-date andcards technology stack is on Stackshare.

Engineering Software Stack

Tool Team
Github Developers
AWS Developers
App Center Developers
App Store Connect Developers
Google Play Store Developers
Hiptest Testers
Sentry Developers
Statuspal Developers

Product Analytics

Tool Team
Amplitude Developers
Google Data Studio Developers

Marketing & Sales

Marketing efforts focus on promoting the use of technology to develop shared workspace business. A sales process is designed to create value for customers through andcards products and get a transaction in return.

Marketing Outline

Business Software Stack

Tool Team
Trello Sales
Hunter Sales, Marketing
Intercom Sales
Stripe Sales
Mailchimp Sales, Marketing
Google Analytics Everyone
Facebook Marketing
LinkedIn Marketing
Twitter Marketing

Welfare

Everybody wants to improve wellbeing, to grow professionally and to realize personal goals. At the same time, we should be mindful of our company's health and growth. Personal welfare should be balanced with team achievements, and reflect the company situation. To promote transparency and honesty inside andcards, and to outline your benefits, welfare and future opportunities, we designed this employee compensation system.

Employment Contract

We care about you and want to give you stable employment with encouraging and reasonable compensation. After a test period, you will sign a 1-year contract. Think of the contract between andcards and you as a win-win partnership in which you together with other team members put all energy towards achieving company goals, and receive a portion of company wealth in return.

Salary Formula

The formula for calculating your personal compensation is as follows:

the base + loyalty bonus + performance bonus + profit-sharing bonus

Below, we explain each variable in detail.

Base Salary

This is your basic monthly income. The amount depends on: (a) a number of years of relevant work experience, and (b) industry-specific income level in your country. This is a current base compensation table:

Years of Work Experience πŸ‡ΊπŸ‡¦ Engineering
No experience $400
1 year $800
2 years $1200
3 years $1650
4 years $2100
5 years $2550
6 years $3000

All figures are in USD before taxes. The base compensation is updated once a year by the board of directors, with data from public sources (for example, DOU.ua).

Loyalty Bonus

The longer you work for andcards, the more you earn. The formula for calculating your monthly loyalty bonus is simple:

monthly base βˆ— years at andcards βˆ— % loyalty rate

Currently, the loyalty rate is 3%. For example, if you're an engineer who worked at andcards for 6 years, your monthly loyalty bonus will be:

3,000,000 βˆ— 6 βˆ— 3% = 540,000

The loyalty bonus is given every month together with your compensation transfer during an active contract. The rate is determined by the board of directors and can be increased or decreased depending on the company situation.

Performance Bonus

Your performance matters. If you work hard and achieve good results, we will recognize your achievements with a monthly performance bonus. The amount is as follows:

Grade The Amount Criteria
Bronze πŸ₯‰ - All personal tasks and goals achieved successfully
Silver πŸ₯ˆ +5% You excelled at your tasks and overachieved all goals
Gold πŸ₯‡ +10% Your results are breathtaking and deserve to be celebrated company-wide

The specific personal tasks and goals are set with each of you individually during an interview with your supervisor. The supervisor will also assess your performance within the term specified in your contract, and inform the grade to you and finance manager.

This performance bonus is given every month together with your compensation transfer during an active contract. The rate is determined by the board of directors and can be increased or decreased depending on the company situation.

Profit Sharing Bonus

How well you work in a team and your efforts towards overall company success will also impact your compensation. Your interaction with others, the synergies you create, help our company become more efficient, and earn more profits. Here's the formula:

% of company profits / total employees = your profit-sharing bonus

Currently, we set the total budget for a team performance bonus as 5% of total profits. For example, if our company has 6 employees and we make a pure profit of $120,000, then each employee can receive $120,000 βˆ— 5% / 6 = $1,000.

The percentage of total profits is determined by the board of directors and depends on actual profits. Obviously, if we have no profits, then your bonus is equal to zero. In essence, the profits are total revenues minus total expenses. If we want to maximize the team bonus, we should all strive to decrease unnecessary company expenses and contribute to increasing sales revenue.

Our company lives on a different calendar called a "fiscal year," which is similar to a regular calendar year. Each company sets a fiscal year-end β€” a day when our profits for the past year are calculated. The profit-sharing bonus is given once on a fiscal year-end. Note that in order to receive a profit-sharing bonus, you need to work for andcards for at least 6 months before the fiscal year-end day, and have an active contract as of the fiscal year-end day. If you breach your employment contract or terminate it before it ends, you will not receive this bonus.

Example Calculation

Here's an example for a software engineer who worked for andcards for 4 years after graduating from a university. Every month, the engineer will receive base + loyalty + performance compensation. The compensation following the fiscal year-end will include a profit-sharing bonus. Assuming individual performance as silver grade and company's total profits of $140,000, the compensation would be:

2,100 + (2,100 βˆ— 3% βˆ— 4) + (2,100 βˆ— 10%) = 2,562 (monthly) + 1,000 (once)

Stock Options

The benefits of working with andcards do not stop at your monthly compensation. We want to share with you the company itself. If you want to participate in ESOP ("Employee Share Ownership Plan"), you will get an option to purchase company stock at a fixed (and usually very low) price. Once our company increases its value, a few years later you can sell this stock with a huge profit margin. Reach out to Igor for information on shares outstanding and the most recent valuations.

Work/Life Balance

Unlimited Day Off

Maintaining a good work/life balance is essential to a happy life. We give unlimited days off allowances and encourage everyone to take time off. Yes, it’s truly unlimited and no questions asked. Taking some rest and refreshing minds helps to recharge batteries and come back to work more prepared than ever!

Unlimited Remote

We encourage you to work remotely from a coworking space. Every team member has unlimited remote hours. Make sure you have a reliable internet connection capable of a Google Meet video call and a distraction-free environment.

Anti-harassment

We are against all forms of harassment based on gender, age, nationality, sexual orientation, race, social status, and any other factor. If you feel like you've been discriminated against or witnessed discrimination, contact Igor or Ross for assistance.