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> Only 1 in 10 employees said cash or equity compensation was a primary reason they joined their company, and only 1 in 20 founders said equity played a starrin
by mrep 7y ago
> Only 1 in 10 employees said cash or equity compensation was a primary reason they joined their company, and only 1 in 20 founders said equity played a starring role in their pitches to candidates.
Sounds like a self fulfilling prophecy and also why I don't really consider joining any startups.
- nscalf 7y agoWhat I took from this was that, if you're willing to pay a competitive rate and you're worth a competitive market rate, no one is getting high offers. If you can get the same compensation offer at 5 places in the next 2 months, the cash/equity compensation probably isn't the reason you're going to take a job. Basically, the market has found some salary/equity equilibrium, and it's things external to compensation that are being played around with to attract talent.