Salary Transparency: Clarity or Chaos?
With recent landmark legislation being passed around salary transparency, many companies are playing catch up as they interpret and implement changes.
In this episode, members of the a16z People Operations team, Shannon Schiltz and Brandon Cherry explore how companies can best prepare themselves to not just survive, but thrive in this new environment.
00:00 - Salary transparency legislation
01:52 - The culture around pay transparency
03:39 - What is the legislation?
07:01 - How are companies reacting?
11:03 - Structuring a compensation philosophy
12:30 - Pay ranges
15:35 - Exceptions to the pay range
18:17 - Leveling staff
22:30 - Ranges and roles and company growth
28:24 - Location based pay
30:05 - What should employees look for when applying for work?
32:19 - Job postings
35:05 - Reviewing compensation ranges
35:42 - At what stage do you hire help?
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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.