As the market changes, so do worker expectations. Startups, perhaps more than any business today, are fighting to attract and keep talent by providing employees the support they seek — especially when it comes to compensation.
Nearly half of all employees expect a pay raise in the next 12 months to offset cost-of-living increases, Glassdoor’s July 2015 report shows.
Compensation is an important piece of how startups offer employees value, but it’s certainly not the entire package. There are stock options, of course, but there’s more to keep in mind when ensuring employees’ jobs are truly valuable to them. After all, employees can’t live on stock options alone.