The Four Types
Salary
A fixed recurring amount. Typical for full-time employees.
Hourly
Paid per hour worked. Requires timesheet submission and approval. Used for Pay-As-You-Go contracts.
Milestone
Paid when specific deliverables are accepted.
Retainer
A fixed recurring amount for ongoing availability. Used for Fixed Rate and Creator contractor contracts.
Creator Compensation
Creator contracts can combine a recurring retainer with separately priced content deliverables, or use either alone. Add deliverables on Scope of Work and price them on the payment step. A blank or zero retainer means deliverables-only pay; a retainer-only engagement needs no deliverables.Picking the Right Type
Use Salary For
Use Salary For
- Full-time employees
- Predictable long-term contractors on a monthly fee
- Situations where you want a steady, predictable cash flow
Use Hourly For
Use Hourly For
- Consulting engagements with variable time commitment
- Contractors where you want to pay only for time actually worked
- Roles with a clear time-input-to-output relationship
Use Milestone For
Use Milestone For
- Project-based work with defined deliverables
- Engagements where you want to tie payment to outcomes
- Longer projects broken into phases
Use Retainer For
Use Retainer For
- Reserving a contractor’s capacity without guaranteed work
- Fractional roles (fractional CFO, fractional designer)
- Situations where availability is as valuable as output
Salary Units
For salary-based compensation, you can enter the amount as:- Per hour: normalized to an annual equivalent
- Per week: for weekly pay cycles
- Per month: for monthly pay cycles (most common)
- Per year: an annual figure, divided across pay cycles
Payment Frequency
For recurring compensation (salary, retainer), you pick how often to pay:- Weekly: every seven days
- Biweekly: every two weeks
- Monthly: once a month
- Daily (Fixed Rate contractor retainers only): a payment every calendar day, including weekends
First Payment Handling
For workers who start mid-period, you can choose:- Pro-rated: automatically pay only for the days worked in the starting period
- Custom (Fixed Rate and Creator contractor retainers only): enter your own first-payment amount, useful for a sign-on bonus or back pay, capped at 12 times the recurring cycle amount
Changing Compensation
To change an eligible contractor’s rate or structure, open their profile and amend the contract. Both parties sign the amendment, or accept the changes in Shor for an agreement uploaded and accepted through Shor. The new compensation takes effect on the date you specify. Creator contracts cannot currently be amended in Shor. For employees, update compensation from their job information instead.Next Steps
Running Payroll
Schedule recurring pay runs for your team.
Milestones
Set up milestone tracking and payments.