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Expert
MenuDarwin Hanson Prof Compensation CS w passion for solid software!
I have helped both the very large and the new startup companies understand, develop, implement and maintain a compensation plan and philosophy that keeps payroll within budget as well as attracts and retains the highest quality workforce. My typical client uses both internal and external analysis to determine the appropriate strategical path. I also help them understand at what growth-point a spreadsheet is no longer the clear path to effectiveness and efficiency.
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DH$5/min per minute(13)Compensation Consultant With a Passion for Software Solutions That Fit PerfectlyDarwin Hanson • Minneapolis, MNCreated 11 years ago in Business / Getting StartedI have a passion for helping clients find the right software to reduce the day-to-day burden by streamlining their Human Resources processes. I have helped hundreds of companies create compensation and total reward plans. My typical client uses internal and external data and analyses to discover trends and mitigate issues before they pop up. Whether your data shows discrimination trends, salary creep, matching prejudice, training opportunities, or any other pressure I will help you discover a complete strategy. With a passion for software, I help them create the best spreadsheets for their current process and help them know when to make the big jump to an enterprise system to help them create additional efficiencies.Darwin Hanson Minneapolis, MN(13)
- Reviews 5
- Answers 1
Darwin quickly solved my problem, providing multiple excellent ideas. Highly recommended!
Source: Clarity Nick Deltapapa Feb 17, 2021Darwin provided very useful insights that allowed me to get more clarity on my next steps regarding a C-level opportunity at a start-up.
Source: Clarity Thilo Koslowski Jan 4, 2021Darwin advised me on the best compensation plan that fits my individual business needs in a way that works for the best interest of the employees and the business. Now, I have a solid plan to move forward with. He is super knowledgeable, clear and helpful. 5 stars!
Source: Clarity Giacomo La Vita Apr 5, 2019Succinct and helpful advice! We stayed on topic and I got my questions answered. I will definitely request a call with Darwin again should the need arise.
Source: Clarity Clay Collins Dec 29, 2015Really great advice! Thanks Darwin!
Source: Clarity William Craig Sep 16, 2014As you may suspect, there really isn't a hard and fast answer. You can review averages to see that a CEO typically becomes a major shareholder in a startup, but your role and renumeration will be based on the perceived value you bring to the organization. You value someone's contribution through equity when you think that they will be able to add long-term benefits, you would prefer that they don't move company part way through the process, and to keep them from being enticed by a better salary (a reason for equity tied to a vesting arrangement). Another reason is when the company doesn't have salary money available but the potential is very strong. In this situation you should be especially diligent in your analysis because you will realize that even the best laid plans sometimes fall completely short. So to get the best mix, you have to be very real about the company's long-term growth potential, your role in achieving it, and the current liquidity necessary to run the operations. It should also be realized that equity needs to be distributed. You cannot distribute 110% and having your cap table recalculated such that your 5% turns into 1% in order to make room for the newly hired head of technology is rather demotivating for the team. Equity should be used to entice a valuable person to join, stay, and contribute. It should not be used in leu of salary that allows an employee to pay their bills. So, like a lot of questions, the answer is really, it depends. Analyzing the true picture of your long-term potential will allow you to more easily determine the correct mix.
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