Matt Schulman (@Matthewschulman), founder and CEO of Pave, joins Erik to discuss:

- Why your company needs a compensation philosophy.

- How COVID and The Great Resignation have wreaked havoc on employee compensation.

- The fact that employee churn is up 2X over last year and software engineering salaries have increased by 20%.

- Competing philosophies on remote employees: “cost of labor” which pays employees based on where they live and “free market” which pays employees the same regardless, and why the “free market” philosophy is gaining ground.

- Why consistency is key when it comes to granting equity to candidates.

Get access to Pave's benchmarking data for free: https://www.pave.com/benchmarking/village-global-venture-stories

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