“I want to hire this sales leader but my options pool has run out. What should I do?”
As a founder, you don’t want to be saying those words.
Luckily, this situation (and others) can be avoided by tracking the right compensation metrics.
Our latest:
complete.so/blog/compensat…
This first guide includes:
- A 35 item checklist to evaluate a startup (written alongside @cjc)
- Everything you need to know about startup salary, equity and benefits
- Answers to other FAQ (like, “is my offer actually fair?”)
@cjc joined Stripe in 2012 as the first partnerships hire.
She was one of the lucky ones — but not for the reason you think.
She knew the right questions to ask in an interview, and Stripe was willing to answer them…
📅 Talent Trend Tuesday
According to a 2021 @Gallup report, replacing existing workers costs one-half to two times the employee's annual salary. Assuming an average salary of $108,249, per @AngelList, that replacement cost translates to between $54,124 and $216,498 per employee.
📅 Talent Trend Tuesday 📅
How much does your work environment affect your decision to be at a company? @beqom found 70% of workers in the US would consider leaving their job for more flexible hours, followed closely by more time off (69%) or flexibility in work location (68%).
Joining a startup for the first time? You probably have questions about your compensation, equity works, and how to make the right decision. Our CEO @ranimavram's article explains how to answer these questions for @Accel. Check it out now at accel.com/noteworthy/pay…
📅 Talent Trend Tuesday 📅
@beqom showed that 79% of US candidates and 89% of UK candidates would be more likely to apply for a position if job descriptions were transparent about pay range.
With pay transparency laws nationwide, including in California and NYC, changing recently, it’s important to stay compliant. Is your team ready for 2023? Join Complete’s @hessannf, for a webinar on the topic this Wednesday at 9 AM and 1 PM PST. lnkd.in/eu864EJF
📅 2023 is coming up faster than we’d like. With new pay transparency laws taking effect in states like California, we’re already helping our community stay compliant.