4 ms·

The email featured in the article bothers me. First line: "If either were to come to us with a competing offer, we'd work with all our might to keep them". Then

• georgemcbay 14y ago
  From my reading of it, that email is in fact written by the author (Rand Fishkin). In any case, I have to admit that in most situations if I were given a new title without an accompanying raise or bonus, I'd consider it to be somewhat patronizing and it would have the opposite impact of what the author here is suggesting. Of course, YMMV. I'm a programmer and I don't care much about specific titles.
• randfish 14y ago
  It was my belief that at the time, they were fairly compensated for the roles they held at the VP level. When we moved them up to officer titles and roles, we did increase compensation as well. Our standard policy is that we always pay above the 50th percentile and below the 90th percentile based on available salary data. We've got a really nice set from a wide survey of VC investors based on portfolio company size, stage, etc. and combine that with info from Salary.com and Payscale, too.
  • jaggederest 14y ago
    > Our standard policy is that we always pay above the 50th percentile and below the 90th percentile based on available salary data. That's such a confusing standard. It means that a majority of your employees could get a nice raise by changing companies, no?
    • johnbellone 14y ago
      Glad I'm not the only one that was thinking that. Is that a public policy?