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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 d
by 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 agoGlad I'm not the only one that was thinking that. Is that a public policy?