The salary is partly imposed on me as a constraint but we are also offering an unreal equity package vs what I've seen (multiple % in voting shares.) My salary is the same. And it's not low for Toronto. With my experience I know I could make at least another 20k but the equity compensates.
Our team is extremely small so the value of work contributed by each head (given the individual can successfully contribute in such an environment) is very high.
The issue is less finding takers and moreso finding the right takers. I've turned down people who were very interested because I wasn't sure about them. Unfortunately, I have been outbid on hires I was sure about which is very difficult to swallow. I would like to be able to offer at the upper end of the spectrum but the equity does have some value in the picture. I'm sure we could do an either or thing. Like you choose - either more cash or less with more equity. Because not everyone seems to be very interested in ownership. They just want to be paid.
That imposed constraint is the thing I keep circling around.
Somebody says "this is enough," and all the companies seem to agree, except a rare US company that isn't in the loop.
Toronto is universally anchored to that 120 number, and 200 seems taboo. Whatever your company is doing, that's fantastic you can do it in Toronto, as QoL for people is really good, and it has the kind of culture pretty much everyone wants to live in.
Our team is extremely small so the value of work contributed by each head (given the individual can successfully contribute in such an environment) is very high.
The issue is less finding takers and moreso finding the right takers. I've turned down people who were very interested because I wasn't sure about them. Unfortunately, I have been outbid on hires I was sure about which is very difficult to swallow. I would like to be able to offer at the upper end of the spectrum but the equity does have some value in the picture. I'm sure we could do an either or thing. Like you choose - either more cash or less with more equity. Because not everyone seems to be very interested in ownership. They just want to be paid.