The Secrets to Building a Transparent & Fair Compensation Structure with Louis Beryl of Rocketplace
The keys to attraction and retention are transparency and process. Just like having a strong interview structure, Compensation structure is just as critical.
Having clearly defined salary thresholds allows people to be comfortable with your environment while eliminating uncertainty in the minds of your employees.
Our guest today: Louis Beryl, Founder & CEO of Rocketplace
Louis Beryl is the founder and CEO of Rocketplace, a curated marketplace of high quality professional service providers. A 3x founder, investor, and board member, Louis began his tech career as a partner at Andreessen Horowitz and was also previously a YCombinator Partner part-time. Outside of being an entrepreneur and investor, Louis is an avid cook and has recently been perfecting his homemade pizza.
Today we discuss:
Challenge today?
Why is this important to the company?
Ultimately compensation to align with the values of the company
When compensation changes, adjustments are across the organization
How do we build a compensation structure into your company?
Talk about what values you have in your compensation package
Build compensation Matrix
Leaders need to define what each level is
Live values through the interview process
Key Takeaways:
Guest Contact & Links:
Email: louis@rocketplace.com
Website: Rocketplace Facebook Twitter
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