with limitless potential
Mentorvilla is a platform for Start-ups and current businesses seeking Professional Mentoring with an objective of Scaling Up, Meeting Investors, Business Modelling, Business Plan Validation , Founder & CEO Coaching.
WHAT WE DO...
We offer a variety of services to our clients including
Validation of Business Plans
Validation of Business ideas
NEW FROM THE BLOG...
The idea of lockstep salaries is simple: workers should be paid equally for equal levels of experience or title. Thus, a newly-minted college graduate should be paid consistently throughout a company, and all vice presidents should be paid the same. To receive a higher salary, a worker should get promoted or stay longer at a […]
With the closing of the Mad Men era, what is old is popular once again. Silicon Valley may be known for its colorful workplaces and free catered lunches, but its true innovation in compensation was exchanging the rigid tenure-based salary systems of East Coast professional firms for the meritocracy of the pure labor market. Everyone […]
Outside of reduced competition, two other advantages to lockstep are eliminating salary negotiations and increasing transparency. On the first, few people effectively negotiate with their employers for salary increases, and a lot of people fail to negotiate at all. Companies perform better at negotiations than workers, for the simple fact that they do it all […]
Lockstep salaries are in some ways hardly new in Silicon Valley. Almost all large technology companies have a sort of lockstep salary structure, built around salary bands that depend on specific title and years of experience. While there is some potential to negotiate larger salaries, that effort is probably better spent on transitioning to faster-growing […]