At Circuit, we provide a range of benefits, stipends and allowances alongside salary and equity. They are designed to help you create a comfortable and productive home-working environment, invest in your personal and professional growth, and support you in doing your best work. 🙌
We regularly review our stipend allowances by keeping a close eye on spending patterns and gathering feedback from our team. This helps us to make sure that you’re getting the support you need while also being mindful of company resources. When opportunities arise, we’re always open to increasing or adding new stipends to better serve you.
If we ever need to reduce or remove a stipend, this will only happen at the beginning of the year, giving everyone clarity and time to plan ahead.
Our stipends operate on a post-expense claim basis. This means you’ll cover the cost upfront and then submit a claim to be reimbursed. Any approved claims will be included with your next monthly salary payment. Please note that stipend allowances include VAT and taxes.
In some cases, stipends and allowances may be treated as taxable income depending on factors like your contract type or location. These criteria can vary, so if you have any questions, we’re here to help you navigate the details.