Shannon Schiltz, Head of People Practice at a16z, and Than Nguyen, a compensation expert, dive into the intricate world of employee compensation. They explore how a well-defined compensation strategy is crucial for startups looking to attract and retain top talent. The discussion highlights the importance of consistency, transparency, and effective communication in pay structures. Additionally, they compare equity grants and their impact on talent retention, emphasizing that salary alone isn't enough to keep employees engaged and valued.
