Case Study: Technology Firm
This venture capital-backed firm was a spin-out from a larger company.
Looking for rapid growth, the company leveraged its future by hiring industry leaders to quickly ramp up the business in anticipation of an initial public stock offering.
However, this effort led to serious compensation challenges, with various key employees compensated at rates well above the market and well above other employees.
Through our efforts, we provided a realistic compensation strategy with a series of recommendations for monetary and non-monetary recognition of the A-Players, while not destroying the motivation and commitment of the B-Players who represented the valuable infrastructure of the business.