If you're working in a fintech, chances are its funding comes from either private equity or venture capital. The two industries are both focused on growing startups, but their differences can make a big difference to startup employees. A recent paper from Oxford and HEC Liège researchers shows that VC backed firms are best for employee satisfaction, while private equity-backed startups excel in pay.
Analyzing one million employee reviews for startups on Glassdoor, the paper found that a company's ownership structure correlates to employee satisfaction. It found that employees in private companies tend to be much happier than those in publicly traded companies. Employee satisfaction was "significantly higher for VC-backed companies," with satisfaction levels dropping to more normal levels after an exit. READ MORE