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Bridget Harris

๐Ÿ‘ค Speaker
435 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Everybody's saying, oh, we pay the same in San Francisco.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Why?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Why do you do that?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

That's because cost of employment matters.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

This is proper data that's been based on all of our analysis of where we hire.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

This is what it costs us to employ somebody in France versus the UK, which means that not all salaries are equal as far as the employer is concerned.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Taxes vary widely, benefits vary widely, but also what it costs to the employee.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So this again, compound of income tax and social security contributions for our employees.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So it's very expensive for somebody who live in Portugal, but I love Portugal.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

Have you ever been?

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

It's beautiful.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So I'm not saying that they don't have a good life, but it does definitely cost them.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

The point about all of that is that you can still be above market rate in terms of your salaries and compare it to Glassdoor, even if you're not going to do this sort of the six figure, you know, massive Facebook style, Airbnb style salaries.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So this is you can book me rates of pay.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So we do pretty well.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

We're not saying that, you know,

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

You're going to get rich by working for a salary for You Can Book Me.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

But we are saying that there is some logic here, which means that people should be able to benefit.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

And that is to do with that pay ratio.

SaaS Interviews with CEOs, Startups, Founders
How Bootstrapped YouCanBookMe Hit $5m using team profit sharing as internal motivation

So that's the same data, but put into a slightly different context.