EP 69: 2023 Comp Strategy. Salaries aren't going down. Inflation is "right-sizing" salaries back to the golden mean. Why you shouldn't be the top bidder for talent.
Many tech CEOs are asking how the further constriction of the capital markets may impact salary ranges. Particularly now with the news of Silicon Valley bank crashing.Some CEOs are asking if they can offer lower salaries to new hires.I remind them that they don’t need to artificially lower salary ranges because of the high inflation rate that we have experienced over the past couple of years.By salaries staying in a similar range in a high-inflation environment, the economy is healing, and sa...