Matching Retention Revenue Salary 
The Startup Magazine
MAY 31, 2022
Payroll management entails several steps, including: Calculating allowances (such as rent and travel expenses) and salary components (variable and net pay). To improve staff retention, you should periodically update both according to industry norms. This increases staff retention, but it also saves you from overpaying them.
ReadWriteStart
JUNE 8, 2021
After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. You can devise a streamlined, efficient workflow from scratch – but there’s no guarantee the “practice” is going to match the “theory.”
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Both Sides of the Table
DECEMBER 27, 2011
If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million.
YoungUpstarts
NOVEMBER 5, 2018
The majority of college grads consider compensation (salary, benefits, perks) to be a key factor when considering job offers. If high ongoing salaries are a problem, consider a hiring bonus. This builds a better match for a longer-lasting relationship. Retention and Turnover. Enticing Rewards. Appealing Culture.
Steve Blank
APRIL 1, 2020
Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? The CEO should dial through as many of the largest existing customers to get a firsthand understanding of the magnitude of any revenue shortfall. How can you shift focus to customer retention versus acquisition?
Austin Startup
AUGUST 20, 2017
You can conduct group interviews, get your candidate “liquored up” (not a recommendation), and even have a trial period on the job to see if there’s a good match. Compensation decisions obviously affect hiring and retention. I am very surprised when that cool thing actually meets a customer need or drives revenue.
epaley.com
MAY 6, 2013
Once financed, everyone at the startup should have a reasonable salary, but the real compensation for achieving the improbable is the equity that is typically shared between all employees proportional to the expected contribution of each person. Using revenue metric.s The logic is compelling, but faulty. Bonuses are toxic at startups.
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