Dillinger & Kovach Works with People Connect Staffing on Public Relations Campaign
10/11/07 08:20 PM Filed in: Portfolio
All Work, No Pay May be Just the Solution Companies
are Needing in a Shrinking, Credit-Tight Economy
People Connect Staffing offers unique recruiting program called "Employees Without Paychecks." It's essentially the trade of salary for equity for hi-tech start-ups seeking to limit cash flow exposure, yet still attract high caliber talent.
(PRWEB) April 8, 2008 -- What happens when an industry leading high tech start-up, on the verge of great success, suddenly loses its ability to generate working capital? Unfortunately that is precisely what many firms are now facing in the recent nationwide credit crunch.
Through no fault of their own, many start-ups are seeing the credit crunch dissolve their changes of securing working capital. For many of those companies, it could not have come at a worse time. Just when they have become positioned to change our future through innovative ideas and solutions, they are finding it more and more difficult to hire key management and executive leaders.
One firm is combating this crisis with a creative and unique program. The Program is called "Employees Without Paychecks" and People Connect is the creative force that is bringing this program to market.
People Connect sources the brightest talent in cutting-edge industries and places them with high potential start-ups, on an equity basis, rather than a traditional compensation plus benefits basis. The benefit to the company is that they can bring in the crucial talent immediately without a drain on their cash flow.
As with any major career change, there are risks involved. Under the Employees Without Paychecks program, the employee naturally takes the biggest risk. But many are willing to take that risk. They want to be a part of something with huge upswing potential and the structuring of equity vs. traditional compensation may bring a much greater reward within 6 to 12 months. If asked, most would say they didn't get where they are today without taking risks.
Employees Without Paychecks is proving to be a real and viable solution in a credit strapped economy. The fact that start-ups can still attract high caliber talent, when working capital is tight, might be just the recipe needed for success.
We would love to discuss in detail the Employees Without Paychecks program with your news outlet. Please contact our Corporate Office and ask for Max Shapiro or you can contact our Ad Agency,
Dillinger & Kovach.
Corporate Headquarters:
60 Spear Street, Suite 900
San Francisco, CA 94105
800 693 5430
Ad Agency
Dillinger & Kovach
PO Box 1711
Azle, TX 76098
866-824-9790
People Connect Staffing offers unique recruiting program called "Employees Without Paychecks." It's essentially the trade of salary for equity for hi-tech start-ups seeking to limit cash flow exposure, yet still attract high caliber talent.
(PRWEB) April 8, 2008 -- What happens when an industry leading high tech start-up, on the verge of great success, suddenly loses its ability to generate working capital? Unfortunately that is precisely what many firms are now facing in the recent nationwide credit crunch.
Through no fault of their own, many start-ups are seeing the credit crunch dissolve their changes of securing working capital. For many of those companies, it could not have come at a worse time. Just when they have become positioned to change our future through innovative ideas and solutions, they are finding it more and more difficult to hire key management and executive leaders.
One firm is combating this crisis with a creative and unique program. The Program is called "Employees Without Paychecks" and People Connect is the creative force that is bringing this program to market.
People Connect sources the brightest talent in cutting-edge industries and places them with high potential start-ups, on an equity basis, rather than a traditional compensation plus benefits basis. The benefit to the company is that they can bring in the crucial talent immediately without a drain on their cash flow.
As with any major career change, there are risks involved. Under the Employees Without Paychecks program, the employee naturally takes the biggest risk. But many are willing to take that risk. They want to be a part of something with huge upswing potential and the structuring of equity vs. traditional compensation may bring a much greater reward within 6 to 12 months. If asked, most would say they didn't get where they are today without taking risks.
Employees Without Paychecks is proving to be a real and viable solution in a credit strapped economy. The fact that start-ups can still attract high caliber talent, when working capital is tight, might be just the recipe needed for success.
We would love to discuss in detail the Employees Without Paychecks program with your news outlet. Please contact our Corporate Office and ask for Max Shapiro or you can contact our Ad Agency,
Dillinger & Kovach.
Corporate Headquarters:
60 Spear Street, Suite 900
San Francisco, CA 94105
800 693 5430
Ad Agency
Dillinger & Kovach
PO Box 1711
Azle, TX 76098
866-824-9790
