New York City-based SiGNa Chemistry, which has developed and patented a green method for stabilizing reactive alkali metals in nanostructured porous oxide powders, is also expanding into new industries, such as oil and gas, batteries, and alternative energy. As a result, “we are hiring rapidly,” says its president and founder, Michael Lefenfeld (see page 43). SiGNa has been recruiting inorganic and materials chemists, as well as chemical engineers, material engineers, and ceramic engineers to add to its current staff of 65.
Like many early-stage and midsized companies right now, SiGNa is able to step up hiring not only because of mounting demand from a growing customer base, “but also because we can bring in top talent at a price that is lower than it might have been a few years ago,” Lefenfeld says. “I don’t want to pick the bones of a bad economy, but hiring in a ‘buyer’s market’ is a huge growth opportunity for a small to medium-sized organization.”
Although new hires “may be offered less cash—which is always held more tightly in smaller firms—they may also receive stock options, which could potentially increase their total compensation,” Lefenfeld notes. “Working for a small company offers some risks, but it can also offer some rewards or windfalls, if the company grows, goes public, or is acquired.”I think reporters do a great job when they get employers to say these things on record -- we all know that it's an employer's market right now, but it's great when employers are confident enough to say it.
[I think we're all old enough to realize that stock options are not the wonderment that employers make them out to be. Do they think that we weren't around for the dotcom bust?]