5 Incentives That Help Attract Key Tech Hires

If you aren’t able to compete on salary, try one of these other options.

Question: What is one incentive that you used to make a key tech hire recently? Name one, and explain why it's a good option for startups to consider.

Equity

"A common way to attract key tech employees is to give them an ownership stake in your company. Offering equity or incentive units is smart and will pay off in the long run for both the employee and the company. You want key employees to be “all in” and devoted to the long-term success of your company. By giving key employees equity, they realize that the success of the company will directly impact their personal success."


A Burnout-Free Zone

"Most startups expect their team to "hit it hard" 24/7, but at MeetEdgar.com we have a different point of view. Crazy hours lead to stressed out, unhappy employees. At our company we work 40 hour weeks, with no contact on the weekend. You're not expected to check email at all hours, or always be "on call." Especially for technical hires, this feels like a huge breath of fresh air! A no-burnout schedule attracts high quality employees who will stick with you long term."


A Modern Atmosphere

"Tech candidates know better than to expect the campus-like atmospheres of Google and Apple everywhere they go, but that doesn’t make cubicles and rigidity any more appealing."


A Trip to Italy

"As a token of good faith, we paid for an all-expenses-paid vacation to Italy for him and his family for a week. Good tech talent is hard to come by in San Francisco and when you can get someone, make sure they know how much you want them to be part of the team. This cost our startup a bit of cash, but it's paid off over the past eight months since he joined our team. Now he knows he's really a part of our family. He works harder than any employee that I've ever worked with."


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5 Incentives That Help Attract Key Tech Hires

If you aren’t able to compete on salary, try one of these other options.

Question: What is one incentive that you used to make a key tech hire recently? Name one, and explain why it's a good option for startups to consider.

Equity

"A common way to attract key tech employees is to give them an ownership stake in your company. Offering equity or incentive units is smart and will pay off in the long run for both the employee and the company. You want key employees to be “all in” and devoted to the long-term success of your company. By giving key employees equity, they realize that the success of the company will directly impact their personal success."


A Burnout-Free Zone

"Most startups expect their team to "hit it hard" 24/7, but at MeetEdgar.com we have a different point of view. Crazy hours lead to stressed out, unhappy employees. At our company we work 40 hour weeks, with no contact on the weekend. You're not expected to check email at all hours, or always be "on call." Especially for technical hires, this feels like a huge breath of fresh air! A no-burnout schedule attracts high quality employees who will stick with you long term."


A Modern Atmosphere

"Tech candidates know better than to expect the campus-like atmospheres of Google and Apple everywhere they go, but that doesn’t make cubicles and rigidity any more appealing."


A Trip to Italy

"As a token of good faith, we paid for an all-expenses-paid vacation to Italy for him and his family for a week. Good tech talent is hard to come by in San Francisco and when you can get someone, make sure they know how much you want them to be part of the team. This cost our startup a bit of cash, but it's paid off over the past eight months since he joined our team. Now he knows he's really a part of our family. He works harder than any employee that I've ever worked with."


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