Key Points to take
In a roller coaster ride of a start-up, employee retention through thick and thin is extremely critical – especially in today’s market where the focus is on growing fast.
As an entrepreneur or founding team, if you want to add key members, who could be part of the team for the long haul, you have to pay a competitive package to attract and retain them.
Anisha Patnaik is the Co-founder of LexStart, a web-based platform that provides legal and compliance services to startups, investors, and incubators/accelerators. She is a lawyer with over 15 years of experience with special emphasis on transactions in the early-stage space. Anisha regularly advises startups, incubators, and investors on legal issues ranging from starting up to operating a business in India, negotiating fundraising transactions, commercial contracts, and ESOP structuring and implementation.