Figuring out what to pay employees is a universal problem. Startups, in particular, struggle with compensation as they are often competing with other startups for talent.
For Roger Lee, the issue came up repeatedly when he co-founded 401(k) provider Human Interest, which achieved unicorn status in August of 2021 and today has nearly 700 employees. (Lee is no longer involved in that company’s day-to-day operations, although he remains on its board.)
“Figuring out employee compensation was one of our top sources of frustration,” Lee told TechCrunch. “We were using what felt like 1,000 spreadshee
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