$3,000 per year.
Buffer offers support to teammates with dependents by way of this grant. It is applied as ‘Additional Earnings’ to each semi-monthly pay and is received along with a teammate’s regular paycheck. This is not a part of our salary formula.
We define a dependent as anyone who depends on a Buffer teammate’s income exclusively (and does not have their own source of income.)
Types of dependents can include:
- Partner: Spouse, significant other/domestic partner who is unemployed by choice or ability
- Children: Any children in a teammate’s care under the age of 26
- Parents or Grandparents: Relatives you are financially supporting through long-term care or elder care
- Additional relatives/situations: on a case-by-case basis
We’ve budgeted around $258,000 to help support teammates through the dependent grant.