Episode description

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.

Topics Covered:

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.