Optimizing People Spend to Extend Runway and Retain Talent

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Tuesday, March 12, 2024, 3:10 PM - 3:55 PM
Track 1
WELLBEING, TALENT PRACTICES

With 75% or more of every company dollar going to people spend, it’s critical for People and Finance leaders to tightly partner to make the right calls on employee comp and benefits. One quarter into 2024, economic and funding headwinds are still present, so many VC-backed companies looking to get to their next round must adjust to preserve cash and extend runway. But this can’t come at the cost of losing top talent or failing to recruit the people who will make a difference. In this panel discussion, we'll hear from experienced HR, Finance, and Venture leaders on how they view this balance for the remainder of 2024, lessons learned from the past, and their methods for enabling the successful partnership between People, Finance, and Business Leaders. We’ll also touch on compensation philosophy, hiring plan adjustment strategies, and leading the people discussion with the board and executive teams.