Variable Compensation

topic on 2 shows · 2 statements across 2 episodes

the Official SaaStr Podcast 20VC

2 statements about Variable Compensation, every show

20VC Insight
Startups should avoid heavy variable compensation for their first sales hires
“Variable compensation is an excellent lever at the right time, and I don't think the right time is going to be your first couple of hires, because you got no data, and if we're looking statistically at someone having, you know, let's call it between 50 and 30%…”
Sam Taylor Jul 21, 2022 ▶ 37:01 Sam Taylor: How I Became VP of Sales at Loom; Lessons from Dropbox | 20VC #908 · 20VC with Harry Stebbings
SAASTR Insight
Lemkin: Employees disproportionately fixate on variable bonus criteria
“My obvious learning is that people over index on variable comp. You pay someone a 100,000 dollars a year with a 2000 dollar bonus. You know what they do all day long? Whatever they get the 2000 dollar bonus for. That's all they do.”
Jason Lemkin Mar 17, 2018 ▶ 28:12 SaaStrPRO AMA with Jason Lemkin

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