What do people think of Hiringplan?
Have been using HiringPlan since it was first launched. Great team behind the product that is really focused on improving the tools that startups have available to them. If you are just getting off the ground or in the Seed/Series A stage of fund raising, I highly recommend giving HiringPlan a go. Will make a big difference as ensure you have a clear hiring plan moving forward
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!
I love the idea of being able to track outstanding shares and such but came across a few bugs, such as not being able to add employees pre-2016 and being asked their gender/ethnicity. Also, I had to hack the system to get an advisory board added in.
I'm an entrepreneur turned VC that has always been in charge in setting up compensation plans for my companies as a founder and now as a VC I help my portfolio companies recruit and retain talent, these tools will help me help them better. Super useful.
For a startup of our size (~30) employees, Hiringplan and the LTSE tool sets are an amazing value add.
As the Director of Growth, one of my responsibilities is to help forecast the growth of the Sales, Support and Marketing teams.
After playing around with both Hiringplan and Startup Runway, I had to show my teams accountant. Funny thing is, she was so impressed, she had to share the tools with her network.
Not only is the tool gorgeous to see, its great to be able to identify what tools and positions really draw the most resources.
Visualizing the direct and forecasted ROI of both my tech stack and my team is really amazing in how it helps me forecast future requirements.
Super simple to use and easy to navigate. If you are looking for a quick and easy way to estimate how your comp impacts burn over time, this is your tool.
Benchmarking info is extremely valuable.
I've been using hiring plan for a while now and it continues to be an invaluable resource for keeping our cap table and burn top of mind when hiring and negotiating.
