Compensation
The compensation for auditors is based on the payment received by a project, which ultimately depends on the codebase's size, complexity, and programming language.
For example, we assume a project is quoted 17,500€ for 2,500 nSLOC.
13,125€ (75%) of the payment is allocated to the auditors. 4,375€ (25%) is allocated to the treasury of AuditOne (used for operations, development, marketing, and sales).
3,937.50 € (30%) of the payment is the base salary for the auditors.
9,187.50 € (70%) will be used as bounty distributed as follows:
Payment structure can be tailored to each clients specific needs and preferences, ensuring flexibility and accommodating their unique requirements:
High (& Critical) issues pot
5,512.5€
0.6
Medium issues pot
2,756.25€
0.3
Low issues / QA pot
918.75€
0.1
The bounties will be awarded and split between all the auditors that find high/medium/low issues. If we assume that the following issues were identified and validated: 1 H, 3 M, and 8 L. The auditor who found 1 H, 1 M, and 1 L would receive the following:
Base payment
1,312.5€
High (& Critical) issue bounty
5,512.5€
Medium issue bounty
909.5€
Low issue bounty
115€
Total payment
7849.5€
Key takeaways:
• The Auditors gain most of the revenue as opposed to working for an audit firm.
• More auditors look through the code compared to traditional audit firms.
• The project pays less for an audit if no issues are found for specific severity bounties.
• The Auditors are rewarded for finding issues while receiving a base income.
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