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Hiringplan

The headcount planning tool with built-in market data

4 followers

The headcount planning tool with built-in market data

4 followers

Visit website
Work & Productivity
•
Startup financial planning
•
Hiring software
Standardized compensation helps you plan better, pay fairly and preserve cash and equity runway. That’s why we built Hiringplan.io, a free, easy-to-use headcount planning tool with built in compensation market data.
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Company Info
hiringplan.io
Hiringplan Info
Launched in 2018View 1 launch
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p/hiringplan
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Launch tags:
Hiring•Productivity
Launch Team
Tihomir BajicMarcus GoslingEric Ries

What do you think? …

Marcus Gosling
Marcus Gosling
LTSE Equity

LTSE Equity

Maker
Hey Product Hunters, Most startups 'wing it' on compensation until after their first or even second priced round. Salaries and option grants are often sized by negotiation, headcount planning and budgeting tends to be reactive, and serious problems with cash/equity runway or unequal pay often creep in. Our new product Hiringplan is a free headcount planning tool with built-in compensation benchmark data - we teamed up with industry leaders Connery Consulting to offer the first high-quality compensation dataset that is openly available and free of charge. Hiringplan enables startups of all sizes to adopt standardized, market-based compensation, plan and budget more accurately, preserve runway, simplify salary negotiations and monitor for under representation or unequal pay. We hate spammers and privacy abusers too. Please find our privacy policy here. https://ltse.com/tools/privacy Interested in our other tools for company builders? https://ltse.com/tools We’ll be checking this page all day, so please share your comments, product reviews and feedback. 🍰 Cheers!
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7yr ago
Andres Barreto
Andres Barreto
@marceire I just gave it a quick try and it is an amazing tool! Can easily replace the hiring plan spreadsheet I've used for years. A few questions though: The salary benchmarks are super useful and I understand that's based on market data. Is this the same for equity? Does the equity portion also take into consideration the stage or valuation of the company? Thank you for building this! It's a great complement to this https://www.producthunt.com/post... And a great substitute to my spreadsheets :)
Report
7yr ago
Marcus Gosling
Marcus Gosling
LTSE Equity

LTSE Equity

Maker
@andresbarreto Thanks for your question, yes the equity component is also derived from market-data. There's more info about our data partners Connery Consulting and their dataset in this post: https://tools.ltse.com/data-by-c...
Report
7yr ago
Tihomir Bajić
Tihomir Bajić
@marceire @andresbarreto Thanks for trying Hiringplan. Equity data is also based on market data. All of the Hiringplan salary and equity data is keyed on four categories: location, stage, role and level. Company stage category denotes the series of funding like Seed or Series A/B/C/D/E (you select that when you're creating your scenario) and it is not based on the company valuation or the total amount of financing raised.
Report
7yr ago
Eric Ries
Eric Ries
LTSE Equity

LTSE Equity

Maker
Thanks everybody for your support. Looking forward to hearing your feedback on Hiringplan. Software is core to our mission at LTSE, and Hiringplan is the latest addition to our software platform. As founders, we’re responsible for being good stewards of our resources. Comp is one of the most important decisions a founder makes because most of our funding, and a significant share of our equity, is used to hire and retain our teams. In my own startup career, I’ve seen the value of adopting a consistent comp philosophy from the beginning, and Hiringplan.io allows you to do that with standardized, market data. Plus it’s free! We hope you’ll give it a try and let us know what you think.
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7yr ago
Amr Shady
Amr Shady
@ericries We can promote Hiringplan for free for the seed and series A startups that complete our VC matching report. Please check https://www.aingel.ai and let me know if interested.
Report
7yr ago
Ana Milicevic
Ana Milicevic

It took a total of about 4 mins (including account setup) to start thinking of the formerly rather tedious process of compensation planning as actually fun, informative, and a breeze. This is super-useful for all scaling companies as well as for candidates evaluating any offers w/ equity (especially if you're relocating). It easily systematizes levels of comp across the company (this is the hole many scaling cos fall into poorly and start seeing wide variations in comp across different teams).

I wish I had this at every one of my previous companies and will be enthusiastically putting it to good use. Well done LTSE team!

Pros:

Easy setup, great UX, critical information easily surfaced, tremendously simplifies & shortens a key process in company building

Cons:

If you're building in an area not yet covered by Connery data you'll have to be a tad patient (but you can still get familiar w/ the tool!)

Report
7yr ago
Intercom
Intercom — Startups get 90% off Intercom + 1 year of Fin AI Agent free
Startups get 90% off Intercom + 1 year of Fin AI Agent free
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