Question 1

How does Stepful ensure its pay and bonus plans are competitive?

Accepted Answer

At Stepful, we take a market-driven and transparent approach to compensation, designed to be competitive, fair, and supportive of long-term growth.

We regularly benchmark our pay against high-growth companies at a similar stage, aiming to be competitive around the upper-middle of the market. Each role has a clearly defined salary range, giving us the flexibility to account for experience, scope, and performance while maintaining consistency across the organization.

Compensation is also thoughtfully aligned to location. Hybrid roles are benchmarked to the New York City market, while remote roles are benchmarked to comparable U.S. markets, ensuring pay remains fair and competitive regardless of where team members are based.

Our salary ranges are reviewed and refreshed twice a year and are designed to support growth within a role over time, not just at the point of promotion. This means employees can see meaningful pay progression as they deepen their impact and responsibilities.

In addition to salary and performance-based bonuses, equity is a core part of total compensation at Stepful. Employees are eligible to receive equity grants, giving them the opportunity to share in the long-term value they help create as the company grows.

Finally, we use a single, consistent framework for setting compensation across hiring, promotions, and pay adjustments. This helps us maintain internal equity and ensure that pay decisions are grounded in both market data and individual contributions.

Question 2

What are Stepful's perks and benefits like?

Accepted Answer

Stepful offers a thoughtful, people-centered benefits package designed to support employees’ health, financial security, and well-being.

Comprehensive health coverage (with employer-paid PPO options):

We provide access to a range of medical plan options, including PPO plans for which Stepful covers the full employee premium. This allows team members to access high-quality care and provider choice without bearing the cost of monthly premiums. Additional plan options are available across regions to ensure flexibility based on location and personal needs. Coverage includes preventive care, specialist visits, prescriptions, hospital services, and mental health care. Stepful also offers dental and vision plans that support both preventive and ongoing care, with options that include orthodontia coverage in certain plans.

Financial protection & peace of mind:

Employees have access to life insurance, along with optional coverage for hospital stays, accidents, and critical illness, providing added financial protection in the event of unexpected health events.

Generous time off:

Stepful offers unlimited PTO, with encouragement to take meaningful time away, plus company holidays and a year-end Gift Week closure to fully disconnect and recharge.

Parental leave:

We provide fully paid parental leave for both birthing and non-birthing parents, along with a gradual return-to-work period to support employees as they transition back.

Learning & development:

Employees receive an annual learning and development stipend to invest in courses, certifications, or other professional growth opportunities aligned with their role.

Team connection & experiences:

Teams receive a quarterly team experience budget to support offsites, meals, and activities that build connection and culture. New hires are also welcomed with a team lunch during onboarding.t stipend to invest in courses, certifications, or other professional growth opportunities aligned with their role.

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