I tried to pay my employees as little as possible. I thought I was being resourceful—& it seemed to work. Until it totally backfired. I learned my lesson the hard way.
No founder wants to hire B-level or C-level talent. Everyone is looking for A-players. But most founders don't put in the work. And they end up with B-level teams.
If you're serious about getting and keeping A-players there's only one way to do it. You need to have a coherent strategy, you need to be intentional, and you need to make it priority number one. Here's how.
Takeaways
- Why paying employees less than they're worth incentivizes the wrong behaviour
- Why you need to have a system for regular performance reviews and salary adjustments.
- How to attract and retain A players
- How great junior talent can outperform B-level experienced talent.
Keywords
founders, compensation, hiring, A players, salary strategy, employee retention, startup culture, leadership, team building, performance reviews
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