Most startups 'wing it' on compensation until after their first or even second priced round. Salaries and option grants are often sized by negotiation, headcount planning and budgeting tends to be reactive, and serious problems with cash/equity runway or unequal pay often creep in. The LTSE's latest product Hiringplan is a free headcount planning tool with built-in compensation benchmark data. Hiringplan enables startups of all sizes to adopt standardized, market-based compensation, plan and budget more accurately, preserve runway, simplify salary negotiations and monitor for under representation or unequal pay.
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