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TALENT POOL Startup hires typically Brazil Startup Report

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TALENT POOL
Startup hires typically choose an increased salary and
benefits over equity
• Most individuals would rather work for the government, banks or big corporations.
• Technical talent is so scarce that they are usually not afraid of being fired.
!
Competitors are dangerous but employees can hit harder
• The government will always take the side of the employee in any legal dispute.
• Employers will often have salaried employees punch in and out of a time clock to
avoid a dispute where an employee claims they were overworked.
!
A salary raise cannot be reversed
• Companies cannot fire anyone in the month where the employee is supposed to
negotiate a raise on their own behalf or through their union.
Minimum annual salary by law is $4300
Talent
 Costs
 USD
 
 
(including
 benefits)
Entry
 Level Good/Experienced
 Hire
Developer
 Salary
 (yearly) $50,000 $109,000
Startups
 Salary
 (yearly
 
es4mate)
$20,000 $36,000
@2014 All Rights ReservedJoin us: @WorldStartupRpt

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