Outstanding new startup compensation tool
Over the years I have written a number of articles offering career advice to new graduates that was ultimately consolidated into an ebook called The Silicon Valley Career Guide. One of the most popular features of the career guide was an interactive infographic that displayed market rates for equity and cash compensation by type of company, company size, position and geography. Unfortunately we had to take the tool down earlier this year because we were not able to obtain a high quality source of data to address the tool’s biggest weakness – its inability to differentiate appropriate compensation based on company valuation.
I’m writing to let companies who are looking for this kind of data to build their annual equity distribution plans know that a company called Advanced HR has just released a fantastic tool called Option Driver that goes far beyond Wealthfront’s old startup compensation tool. Advanced HR is run by Dee Dipietro, a woman I worked closely with back in my venture capital days on designing optimal equity allocation plans for my portfolio companies. I believe she has the most comprehensive data available on the market and her new tool takes the complexity out of creating a compelling market based equity plan. I highly recommend any company that is interested reach out to Dee at ddipietro@advanced-hr.com.
Project Management - Talent Attraction, Branding & Social Media
9yThanks Andy, Is there anywhere I can still access the original WealthForge Compensation Tool?
Thanks Andy. Excited to introduce the new era of compensation data and design from Advanced-HR