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What's inside:
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Overview

Getting compensation right

Retaining employees

Preventing productivity loss

Establishing a fair system

5 compensation models

Resources we love

Takeaways & next steps

Talent & Leadership

8 MIN

What Every Startup Should Know About Compensation

Does compensation even matter?

The topic of compensation is one of the most discussed aspects of the employee lifecycle—it gets attention from both employees and managers and is often the largest expense for any company.

Yet ironically the research is clear that rarely, if ever, do we see it act as a driver of employee engagement, retention, or performance. And increasingly, we hear that compensation matters less for employees than factors like learning, flexibility, company culture, and the ability to make a meaningful impact in the organization and for its customers.

Why then do most companies spend so much of their resources on this one very expensive area of People Systems?

In order to fully understand compensation and build an actionable compensation plan for your company, we will guide you through:

1

Getting compensation right

2

Retaining employees

3

Preventing productivity loss

4

Establishing a fair system

5

5 compensation models

6

Resources we love

7

Takeaways & next steps

Talent & Leadership

8 MIN

What Every Startup Should Know About Compensation

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By Matt Hoffman
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By Tania Luna
HumanCapitalCompensation_hero

M13

Share
What's inside:
Done Icon

Overview

Getting compensation right

Retaining employees

Preventing productivity loss

Establishing a fair system

5 compensation models

Resources we love

Takeaways & next steps

Does compensation even matter?

The topic of compensation is one of the most discussed aspects of the employee lifecycle—it gets attention from both employees and managers and is often the largest expense for any company.

Yet ironically the research is clear that rarely, if ever, do we see it act as a driver of employee engagement, retention, or performance. And increasingly, we hear that compensation matters less for employees than factors like learning, flexibility, company culture, and the ability to make a meaningful impact in the organization and for its customers.

Why then do most companies spend so much of their resources on this one very expensive area of People Systems?

In order to fully understand compensation and build an actionable compensation plan for your company, we will guide you through:

1

Getting compensation right

2

Retaining employees

3

Preventing productivity loss

4

Establishing a fair system

5

5 compensation models

6

Resources we love

7

Takeaways & next steps

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