FNDN Series
Jess Blomfield, Head of People at Airtree
Jul 17, 2024
Jess Blomfield, Head of People at Airtree, a venture capital firm, dives into the nuances of compensation in startups. She discusses the importance of fairness and market competitiveness while navigating the challenges of structured salary processes. Jess champions flexible compensation models, advocating for a total rewards approach to meet diverse employee needs. Her insights emphasize building strong compensation practices from the beginning and the critical role of effective change management in retaining talent. A must-listen for those in people operations!
35:11
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Quick takeaways
- Jess Blomfield emphasizes the critical need for fairness and legal compliance in startup compensation practices to ensure financial sustainability.
- The podcast discusses the trend of flexible compensation models and the total rewards approach, allowing employees to customize their benefits based on personal needs.
Deep dives
Career Journey and Transformative Experiences
The speaker shares a diverse career journey that transitioned from the oil and gas industry to the startup world, sparked by a growing awareness of climate change. After an ecological awakening, they pursued a master's in sustainability education, igniting a passion for social change and academic research. Following their academic pursuits, the speaker was drawn into the dynamic environment of startups, where they contributed to the growth of edtech companies. Now serving as the head of people at Airtree, they blend their experiences to develop people strategies that support both their team's potential and the portfolio companies’ growth.
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