Shannon Schiltz

10 statements across 2 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Jan 2, 2019 by Shannon Schiltz · said 2 times in 1 episodes since 2019 · across every show →

On the record as a speaker too: Shannon Schiltz's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Shannon Schiltz, oldest first

Jan 2, 2019 negative
Opinion
Schiltz: Using company-wide layoffs to fire underperformers is terrible HR practice
“And I would say from the HR standpoint, I hope that companies don't do it that way. That's probably the worst way. That's one of the worst reasons you could do a layoff.”
Shannon Schiltz Jan 2, 2019 ▶ 2:36 a16z Podcast | Managing Uncertainty -- Layoffs and Talent
Jan 2, 2019 positive
Insight
Schiltz: Startup CEOs must personally announce layoffs to the entire company
“The most important thing is you have to, you want to control the communication that's going out to your entire workforce, which means one person needs to stand up and communicate to everyone what's going on that day, why it's taking place, and that you as a CE…”
Shannon Schiltz Jan 2, 2019 ▶ 15:39 a16z Podcast | Managing Uncertainty -- Layoffs and Talent
Jan 2, 2019
Disclosure
Schiltz: I was laid off during a reduction and rehired within a year
“I was laid off on the second layoff. And so like the, if you do it right, the loyalty doesn't go away and you can continue like keeping, you know, people that are important. And you know, we, I was the second, second layoff we did, I was reduced and hired back…”
Shannon Schiltz Jan 2, 2019 ▶ 26:31 a16z Podcast | Managing Uncertainty -- Layoffs and Talent
Jan 2, 2019 neutral
Assertion Not checkable as stated
Schiltz: Typical startup layoff severance packages range from two to four weeks
“And so as hard as it is, like we can see companies doing anywhere from two weeks to, you know, I would say typical is a month. I mean, because they're, most companies aren't doing a reduction because they wake up one morning and say, you know what? We just hav…”
Shannon Schiltz Jan 2, 2019 ▶ 19:23 a16z Podcast | Managing Uncertainty -- Layoffs and Talent
Jan 2, 2019
Insight
Schiltz: Engaging with angry former employees only amplifies their public complaints
“The more focus and the more you pay attention to the angry employee, the more what they have to say matters.”
Shannon Schiltz Jan 2, 2019 ▶ 27:12 a16z Podcast | Managing Uncertainty -- Layoffs and Talent
Sep 21, 2023 positive
Insight
Schiltz: Early compensation structures build healthy companies through consistency, not fairness
“The earlier you think about putting a compensation structure in place, the stronger and healthier your company is, because you have consistency. Not fairness, consistency.”
Shannon Schiltz Sep 21, 2023 ▶ 3:43 The Truth Behind Salary Transparency
Sep 21, 2023
Insight
Schiltz: The top 10% of employees are critical single points of failure
“There is a top 10% of your organization that isn't just the best performer, but they're critical. And what I mean by critical is if they left tomorrow, Something stops working.”
Shannon Schiltz Sep 21, 2023 ▶ 9:45 The Truth Behind Salary Transparency
Sep 21, 2023
Insight
Schiltz: Paying critical talent above ranges is consistent if explicitly defined
“If you define critical talent as being above range, that, that's being consistent. Like, you have to be classified as that type of individual.”
Shannon Schiltz Sep 21, 2023 ▶ 10:25 The Truth Behind Salary Transparency
Sep 21, 2023
Assertion Contradicted
Schiltz: The first pay range disclosure law was enacted in 2016
“2016 was the first time the law came out that if you are interviewing a candidate, they can ask for the pay range for the role. And you have to be able to, within 24 hours, share with the candidate what the pay range is.”
Shannon Schiltz Sep 21, 2023 ▶ 3:08 The Truth Behind Salary Transparency
Sep 21, 2023
Assertion Not checkable as stated
Schiltz: Pay transparency originated as a Silicon Valley cultural norm
“It became more of a cultural thing, right? And it became very much a Silicon Valley thing too, that people should just be, you should feel confident with what you pay each employee. It, and if somebody else finds out about it, you should be able to justify it.”
Shannon Schiltz Sep 21, 2023 ▶ 1:50 The Truth Behind Salary Transparency
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