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Ask HN: What type of compensation for 'Technology Adviser' type role?

5 pointsby throwmeaway32almost 9 years ago
Hi,<p>-=My Background=-<p>- Software developer manager with 14 years experience in multiple software companies&#x2F;roles.<p>-=Situation background=-<p>- For the past 6 - 8 months I&#x27;ve been in contact with a person who owns a company, giving some tech advice, thoughts, advice.<p>- Company has been around for a year or 2.<p>- They already have tech in place but is outsourced and the founder is non-technical; so honestly they are not sure if they have good software&#x2F;are paying the right price etc.<p>- We&#x27;ve probably had contact 4-5 times.<p>- No payment or contract; although there has been vague talk of that in the future.<p>- I am perfectly happy with the chats we&#x27;ve had and it being casual&#x2F;relationship building at the moment.<p>- I quite enjoy the market the company is in and like the idea of some kind of more formal advisory role going forwards.<p>-=Question=-<p>- What&#x27;s the normal way in which compensation for this kind of role is handled? (It would be outside of my normal fulltime job). Some kind of retainer? A slice of equity? A nominal salary? Starbucks gift card....<p>- I&#x27;m not pressing hard for a position&#x2F;role but would like to have my ducks in a row incase the conversation presents itself.<p>Thanks

3 comments

mtmailalmost 9 years ago
I&#x27;ve seen advisors taking a fixed stock option package and&#x2F;or regular fees in exchange for being available. You&#x27;d be a technical advisor just like their lawyer is their legal advisor so I&#x27;d structure it like a retainer plus hourly cost. Aim high if they want to add you to their about-us page, investor presentation or press release (<a href="http:&#x2F;&#x2F;blog.mapjam.com&#x2F;openstreetmap-founder-steve-coast-joins-mapjam-advisor&#x2F;" rel="nofollow">http:&#x2F;&#x2F;blog.mapjam.com&#x2F;openstreetmap-founder-steve-coast-joi...</a>)
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chapuexGrisalmost 9 years ago
Technical Advisor Salary (United States) <a href="http:&#x2F;&#x2F;www.payscale.com&#x2F;research&#x2F;US&#x2F;Job=Technical_Advisor&#x2F;Salary" rel="nofollow">http:&#x2F;&#x2F;www.payscale.com&#x2F;research&#x2F;US&#x2F;Job=Technical_Advisor&#x2F;Sa...</a><p>Technical Advisor Salaries <a href="https:&#x2F;&#x2F;www.glassdoor.com&#x2F;Salaries&#x2F;technical-advisor-salary-SRCH_KO0,17.htm" rel="nofollow">https:&#x2F;&#x2F;www.glassdoor.com&#x2F;Salaries&#x2F;technical-advisor-salary-...</a>
alain94040almost 9 years ago
Advisor to a startup: 0.25% to 0.75% vesting over two years. Time commitment is in the 1 meeting a month to 1 meeting per quarter.<p>Take a look at this legal template: <a href="https:&#x2F;&#x2F;fi.co&#x2F;contents&#x2F;fast#" rel="nofollow">https:&#x2F;&#x2F;fi.co&#x2F;contents&#x2F;fast#</a>