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Ask HN: What compensation to ask for at an early company with no defined paths?

4 pointsby Ladywoodover 1 year ago
Context: Self Taught Full Stack Software Engineer, with 2.5 years experience at a London based start up. Prior job, Strategy Consultant @ ACN. Employee no. 5, with 4 co-founders. Company now 6 times the size&#x2F;employees, with £1.5m ARR. Raised a similar sized seed, looking for A soon. I design, run, manage&#x2F; lead on several major data functions of the company. Plenty of proven value, lots of tacit knowledge. I&#x27;m doing the role of a senior dev.<p>Started around £40-45k, now at £70k with 0.2% equity. I&#x27;ve been asked what I want as my next compensation target (6-10 months). This can be salary, equity and&#x2F;or &quot;something else&quot;.<p>There are no career pathways, the companies org is changing a lot, not many devs, no proof points etc.<p>I&#x27;m not sure how to benchmark my next ask when a company is so fluid, so looking for some advice.<p>- What is a good next salary to ask for which doesn&#x27;t take the piss. - I feel short on equity, especially being #5 and big rounds coming up. Is 0.2% typical or should I expect more? - Any ideas about &quot;other asks&quot; I could push for? - That&#x27;s all what they will give me, but any generic ideas for what I can give them&#x2F; what it&#x27;s normal for me to get assessed against?<p>Quite an unusual position, but need to send my asks asap where they will come back with a &#x27;meet in the middle&#x27; typically.

1 comment

vb-8448over 1 year ago
How much is 70k pounds in London? It&#x27;s enough for rent, daily expenses and save some money? If the answer is yes, I&#x27;ll go for more shares.