The Role Of Compensation In Startups
By Dane Carlson on October 5, 2004 in Ideas
Steve Bayle: “A couple of questions from one of the members of the Otter Group about compensation prompted me to post what I think is the role of compensation in startups. Compensation is a management tool, and like any tool can be applied for the benefit of the company or the detriment. More often, it is not really recognized as a tool, but seen as a ‘necessary evil’ – of course, we have to pay people, why else would they work for us?! If I can stimulate you to examine or re-examine your compensation philosophy and plan then I’ve met my objective.”
Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.
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