It’s time to shake the bootstrap mentality. We need to offer talented engineers and executives opportunities that are compelling in Dallas. There are many ways to do this. Today, I want to discussion non-salary compensation.
Successful startups all across the country are doing really innovative things to entice top-level talent to join the teams and example is 37Signals offer a four day work week as a standard part of business. Friday’s are off. They also offer people fully remote work options as well as providing employees discretionary spending account and trust that people make reasonable spending decisions. They empower their employees to make good decisions and most often they do.
Another company I work with in San Francisco offers flex time off – not paid time off. Under flex time off, the company enables employees to take time off as needed. If they have a talent engineer who wants to take a month off from work, they allow that. Basically, this allows all full-time employees the freedom to take time off as they need. Of course, the time would need to be approved by their manager and they would be responsible for making sure their work is covered.
It’s not your standard two weeks of accrued vacation time. This is one way they are able to capture great talent for their team. With all of the work-life balance issues like longer hours at a startup, this is an amazing benefit that is offered in order for them to attract top-level talent but also compete in the extremely competitive environment of talent acquisition in the Bay Area.
Dallas has amazing talent and we need to cultivate opportunity for that talent. This is a great town with good people and I hope that as we continue to evolve, that our entrepreneurs will take the lead in our young startup community.
Vahid Behzadi is Senior Executive Recruiter with CyberCoders. He is based locally in Plano, TX as suburb of Dallas.
Connect with me ——- Vahid Behzadi, Senior Executive Recruiter
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The opinions expressed here represent my own and not those of my employer.