Silicon Alley vs. Silicon Valley: Compensation Practices at Public Technology Companies

As the competition for talent between Silicon Alley and Silicon Valley continues to heat up, we decided to compare and contrast pay practices at public technology companies in the two regions. At the CEO-level, Silicon Alley and Silicon Valley appear quite similar. However, once you digger a little deeper into equity vehicle mix, incentive plan metrics and VP-level pay mix, key differences begin to emerge.

Published: November 2017
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical device industries. For the most part, the competition for talent remains steady from last quarter, with a slightly brighter outlook for medical device firms compared to Q2.

Published: November 2017
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Global Workforce Trends at Technology Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. This quarter’s data generated mixed signals, as the prevalence of firms reporting aggressive hiring plans is up and down across the globe.

Published: November 2017
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Questions to Ask Yourself When Trying to Better Manage Your Equity Compensation Spend

An effective equity strategy balances external competitiveness, internal constraints and company culture—but not all of these things can be weighted equally. If you’re thinking about changing your equity strategy, here are some of the primary design levers your company can pull to make smart choices aligned with your organization’s needs.

Published: September 2017
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When it Comes to Creating a Compelling Culture, Effective Leadership Communication Matters

While it takes an entire organization to cultivate and maintain culture, nearly 9 in 10 technology companies say the tone at the top is critical to driving culture. Up next are middle managers, who are often most responsible for making pay decisions, distributing recognition and communicating change to employees.

Published: August 2017
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Don’t Keep Your High-Potentials in the Dark; Consider Letting Them Know How Valuable They Are

Identifying high-potentials and communicating their status can be an important retention and leadership training strategy. However, only one-in-four technology companies currently disclose high-potential status to their employees. The rest could be missing out on an easy way to bolster engagement, retention and participation in leadership development programs.

Published: August 2017
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Turnover & Hiring Sentiment by Industry at US-Based Technology Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for technology companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by the software, hardware, semiconductor and medical devices industries. For the most part, the competition for talent remains as robust as ever; however, medical devices firms may be heading into a bit of a swoon.

Published: July 2017
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Global Workforce Trends at Technology Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for technology companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: turnover rates are steady even as companies announce more aggressive hiring plans.

Published: July 2017
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A Recap of 2017 Say-on-Pay Voting Results at Technology & Life Sciences Companies

The seventh year of Say-on-Pay contained a bit of turbulence for technology companies, but saw positive levels of shareholder support for life sciences companies. Russell 3000 companies managed to maintain high levels of shareholder support and few voting failures. Take a closer look at full 2017 proxy season results for the technology and life sciences industries.

Published: July 2017
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Q1 2017 Turnover Rates & Hiring Sentiment by Industry at US Technology Companies

In aggregate, the competition for talent at technology sector companies remains very strong. However, some industries face much tougher hiring and employee retention conditions than others. Our new infographic explores workforce trends across software, hardware, semiconductor and medical device companies.
 

Published: May 2017
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Global Workforce Trends for Technology Companies as of Q1 2017

The global economy is expected to accelerate growth in 2017, and strong economic conditions may boost more technology companies into healthy states of hiring. Currently, 42% of technology companies worldwide are planning to grow their headcount by at least 10% and voluntary turnover in key markets is high, indicating the tech sector outlook is still on the up-and-up.

Published: May 2017
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Technology Sector Employee Engagement & Recognition Practices

Recognition is a key driver of employee engagement, but as the pace of business continues to accelerate, more companies are starting to supplement traditional top-down, cash-based programs (which are still highly valued) with more frequent opportunities for peer-to-peer recognition. 

Published: March 2017
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What Drives Corporate Culture?

It takes an entire organization to drive and cultivate a unique company culture. At technology and life sciences companies, out data shows the enormous influence that communication at the top leadership and middle management levels has on shaping culture.

Published: October 2016
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Promotion Practices & Budgets

What percentage of your staff will you promote this year? And when you do hand out those coveted promotions, what sort of raises should your employees expect to receive? Our latest infographic explores how technology and life sciences companies answered these questions.

Published: August 2016
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Proxy Season Rewind: 2016 US Say-on-Pay Results

Despite lower performance in 2015, technology companies still received support for Say-on-Pay from shareholders, with 78.7% garnering over 90% support. After a strong performance year, life sciences companies ended the 2016 Proxy season with 76.7% of companies receiving over 90% support. See how these results compare to prior years and the level of influence proxy advisors have over voting results in our infographic.

Published: August 2016
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Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by pre-commercial and commercial stages. Hiring and turnover plans at both pre-commercial and commercial companies reflect a competitive talent environment.

Published: November 2017
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Global Workforce Trends at Life Science Companies as of Q3 2017

Following the publication of Radford’s Q3 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: aggressive hiring plans are moving up dramatically in most countries.

Published: November 2017
View more

Questions to Ask Yourself When Trying to Better Manage Your Equity Compensation Spend

An effective equity strategy balances external competitiveness, internal constraints and company culture—but not all of these things can be weighted equally. If you’re thinking about changing your equity strategy, here are some of the primary design levers your company can pull to make smart choices aligned with your organization’s needs.

Published: September 2017
View more

When it Comes to Creating a Compelling Culture, Effective Leadership Communication Matters

While it takes an entire organization to cultivate and maintain culture, nearly 9 in 10 life sciences companies say the tone at the top is critical to driving culture. Up next are middle managers, who are often most responsible for making pay decisions, distributing recognition and communicating change to employees.

Published: September 2017
View more

Don’t Keep Your High-Potentials in the Dark; Consider Letting Them Know How Valuable They Are

Identifying high-potentials and communicating their status can be an important retention and leadership training strategy. However, only one-in-five life sciences companies currently disclose high-potential status to their employees. The rest could be missing out on an easy way to bolster engagement, retention and participation in leadership development programs.

Published: September 2017
View more

Turnover & Hiring Sentiment by Commercial Stage at US-Based Life Sciences Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for life sciences companies, our team took a deep dive into hiring plans and turnover rates at US-based firms, segmenting the data by pre-commercial and commercial stages. The results are mixed: hiring and turnover at pre-commercial companies show signs of cooling, while the competition for talent at commercial companies is heating up.

Published: July 2017
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Global Workforce Trends at Life Sciences Companies as of Q2 2017

Following the publication of Radford’s Q2 2017 Workforce Trends Report for life sciences companies, our team examined hiring plans and turnover rates across the world’s major economies, including Brazil, China, India, Germany, Russia, the UK and the US. The news is largely positive: turnover rates are steady even as companies announce more aggressive hiring plans.

Published: July 2017
View more

A Recap of 2017 Say-on-Pay Voting Results at Technology & Life Sciences Companies

The seventh year of Say-on-Pay contained a bit of turbulence for technology companies, but saw positive levels of shareholder support for life sciences companies. Russell 3000 companies managed to maintain high levels of shareholder support and few voting failures. Take a closer look at full 2017 proxy season results for the technology and life sciences industries.

Published: July 2017
View more

Q1 2017 Turnover Rates & Hiring Sentiment by Commercial Stage at US Life Sciences Companies

The competition for talent at US life sciences companies remains energetic. Nearly half of pre-commercial firms currently report plans to hire aggressively to continue ramping up R&D. Things are slightly more subdued at commercial companies, but voluntary turnover remains high, suggesting ample job opportunities.
 

Published: May 2017
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Global Workforce Trends for Life Sciences Companies as of Q1 2017

The outlook for the global economy and the life sciences market, in particular, is expected to pick up the pace in 2017. Although life sciences companies in many key markets have scaled back on headcount growth, the markets in India, China and the United States look strong.

Published: May 2017
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Life Sciences Sector Employee Engagement & Recognition Practices

Only 38% of life sciences companies formally measure employee engagement, which puts them well-behind their innovative brethren in the technology sector. It's time for life sciences companies to take the pulse of their workforces. We also know recognition is a key driver of engagement, so companies can make a quick impact by taking a look at their recognition portfolio. Recognition awards can involve cash, but the importance of non-monetary awards should not be discounted. "Thank you" is a powerful tool.

Published: March 2017
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What Drives Corporate Culture?

It takes an entire organization to drive and cultivate a unique company culture. At technology and life sciences companies, out data shows the enormous influence that communication at the top leadership and middle management levels has on shaping culture.

Published: October 2016
View more

Promotion Practices & Budgets

What percentage of your staff will you promote this year? And when you do hand out those coveted promotions, what sort of raises should your employees expect to receive? Our latest infographic explores how technology and life sciences companies answered these questions.

Published: August 2016
View more

Proxy Season Rewind: 2016 US Say-on-Pay Results

Despite lower performance in 2015, technology companies still received support for Say-on-Pay from shareholders, with 78.7% garnering over 90% support. After a strong performance year, life sciences companies ended the 2016 Proxy season with 76.7% of companies receiving over 90% support. See how these results compare to prior years and the level of influence proxy advisors have over voting results in our infographic.

Published: August 2016
View more