Larger companies swallow up a lot of great talent immediately. How does a young company attract the best talent?
Large companies often grab talent by offering high salaries, with which most early stage companies cannot compete. However, not all talented employees are motivated by salary alone and if you want to attract top talent to your company you must find out what motivates them the most. We’ve used flexible work hours, increased vacation time, the ability to have more ownership of the product, as well as equity options as tools to hire highly talented people. In fact, we’ve actually used these same techniques to poach many people away from ‘Larger Companies’.