Dear EverMore
A space where the co-founders of EverMore will share their reflections, talk through the employee + leadership experience at work, share our career stories, and offer advice to submitted questions.
Dear EverMore
dreams, attachment styles at work, and why performance should be untangled from comp
Hello listeners, Kelsey here! We're back for another fun conversation on life + work, this time talking further about why performance needs to be untangled from compensation at work.
First, like usual, we openly share what came through for us from the October full moon (the Hunter's/Harvest Moon), like releasing the need to control everything or be everything to everyone all the time - it's definitely exhausting. Before we dive into the topic, we also talk about attachment styles and how this isn't considered enough (or at all) at work; this can show up as managers avoiding the hard conversations and employees feeling anxious when they don't know how they're really doing.
For the topic, Courtney shares how she's successfully untangled performance + compensation at previous startups by:
- Making compensation 100% transparent (yes, 100%!), where employees can see the market data for their role, how a role's level was determined, and a full spreadsheet of everyone's compensation
- Being purposeful with how career growth + development occurs (vs using performance reviews) to get the honest take from an employee and their manager
- Establishing automatic annual raises and sharing a calculator so employees know what they should expect with each anniversary
Of course, there's so much more we could've talked about and we plan to have a future session to talk through the mechanics of building a compensation philosophy and process.
Additional resources:
- [blog] The Death of Honesty - Do you have any feedback for me?
- [form] Submit Your Own (anonymous) Career Horror Story
- [resource] Rockstar vs Superstar from Radical Candor
If you have any burning questions around performance + compensation, or any feedback on the episode, let us know at hello@evermore.so. We'd love to hear from you!
Have a burning question you'd like answered on the pod? We'd love to give you advice! Submit your anonymous question.