About Pay
This Is What We Pay, And Why
Dec 15, 2022
Susan Alban, Operating Partner and Chief People Officer at Renegade Partners, discusses negotiating salaries, pay transparency laws, and sharing salaries in job listings. They also explore compensation concerns in hyper growth companies, challenges of implementing structures and handling new pay transparency laws, understanding pay ranges and communication in companies, and the importance of pay philosophy and transparency.
28:41
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Quick takeaways
- Negotiating job offers is crucial for achieving pay equity and understanding the value of money.
- Founders should consider factors like cap table and market data when determining equity, and involve the board in compensation changes.
Deep dives
The Importance of Negotiating at Different Stages of Career
Susan Albin shares her experiences with negotiating job offers throughout her career. She highlights the significance of negotiating offers and the impact it can have on pay equity. She discusses her first job experience and the lessons she learned about financial literacy and understanding the value of money. She also reflects on her negotiation experience when transitioning from McKinsey to eBay and the challenges she faced in navigating the negotiation process.
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