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Personal Budget

It's a budget of 1000 1.000 EUR per year, available to every employee. You can spend it on whatever you want. Some people like going to the gym, others like playing video games. We don't want to tell you what's right for you. We want to make 9Y a great place to work, we want to attact attract great talent, and also keep it. We think that having a super libertarian budget like this makes sense.

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• a work trip to Portugal where you and a couple colleagues rent a house on the beach and work from ther there for a week.

• buying your work devices from the company (thus making you the owner of it)

• a gym membership

• ski-pass

• conference tickets

• education (in all forms: online course, books, training, certifications, etc.)

• home-office furniture

• public transport

• vaccinations

• … see table below for more info

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• If you choose to go to Mongolia for a week, then you are doing this at your risk, and you are responsible for arranging your health and travel insurance, vaccinations, visas, etc. If you get bitten by a snake, then that's on you. Depending on the situation, we might ask you to sign a waiver before we unlock the budget.

• The budget is issued at the beginning of the year.

• If you don't spend it by the end of the year, it expires. No rolling over into the next year.

• This is currently an experiment, and we're comitting committing to it for the entire 2023. We might change, or even remove this completely in 2024.

• Budget use is recorded and the leads will have access to this information.

• The cost-to-company is the relevant number for tracking your budget consumption. This might be either lower or higher that the sticker price, depending on the legal classification of the expense.

• If you leave the company in the middle of the year, the budget is prorated, and you may need to pay some back if you overspent. E.g. if you leave on 31st June, and you already speant spent 600 EUR of your budget, then you will have to pay back 100 EUR.

• If you join in the middle of the year, the budget is prorated. E.g. if you join on the 1st of March, then you get 833.33 EUR in your first year.

• No budget overspending, so you can't spend more of your budget this year and have it subtracted from your budget next year.

• To use the budget, tell your Team Lead what you want to spend it on, who will tell you what legal category it falls in and what the next steps are. Depending on what it is, we may use a reimbursement system vs the company paying for it directly.

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