How much should you pay an executive in a startup company?
May 1, 2009
CompStudy publishes an annual report of equity and cash compensation that provides compensation data on top management positions and Boards of Directors at private companies in technology and life sciences. CompStudy covers more than 25,000 executives at 5,000 companies and is the largest study of its kind.
Data is analyzed by: founder/non-founder status, company revenue and headcount, geography, business segment, and number of financing rounds raised. Additional detail is provided on compensation for the Board of Directors, general organizational changes over time and other compensation trends.
The survey consists of a Web-based questionnaire, which can be filled out by a single member of a company’s executive team and takes approximately 45-60 minutes to complete.
CEOs or CFOs of startups in the US, China, India, Israel, or the UK in the technology or life science industry should consider taking the survey. Participants who complete the survey will receive the full results at no cost.
For example, below are the 2008 results for average equity granted at time of hire in IT companies:
- CEO 5.40%
- President/COO 2.58%
- CFO 1.01%
- Head of Technology/CTO 1.19%
- Head of Engineering 1.32%
- Head of Sales 1.20%
- Head of Marketing 0.91%
- Head of Business Development 1.23%
- Head of Human Resources 0.24%
- Head of Professional Services 0.60%