How To Negotiate Your Salary

YoungUpstarts

Although it can seem daunting, salary negotiation gives you an opportunity to walk into a new role with a salary and benefits package that matches your wants, needs, and value. . If you’re ready to make the move to a new company or want to enhance your existing package, here’s our advice on how to negotiate your salary with confidence. . Before you jump into salary negotiations, you’ll want to get clear on what your value is and what you can realistically ask for.

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What Salary Means

This is going to be BIG.

When I was coming out of college, working in finance, I used to think a lot about my salary. I liked maxing out on raises and I liked the feeling I got getting to a six figure salary. It was, in my mind, what the salary meant. One thing that comes through consistently is that salary--specifically how someone goes about the salary negotiation process--can be a consistent predictor of performance.

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[Asia] HKers, Singaporeans Eye Higher Salaries: jobsDB

YoungUpstarts

It looks like the Singapore worker has a big and growing appetite when it comes to salary expectations. According to the online survey, 42% of workers in Singapore are seeking positions with a salary between 1,500 to 3,499 SGD, compared to 38% of Hong Kong workers who demand a higher salary between 2,449 to 4,899 SGD ( see diagram left ). 69% of neighboring Malaysian job seekers however, sought a salary between 400 to 2,000 SGD.

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MakeMyTrip’s Executives To Draw Zero Salary amid COVID-19

Our Own Start-up

MakeMyTrip’s Group Executive Chairman and Group CEO announced that they would draw zero salary, and the rest of the company’s leadership team has offered to take a 50% pay-cut amid Coronavirus outbreak.

How To Negotiate Your Salary Even In A Tough Economy

YoungUpstarts

I was really bad at negotiating my salary. Except my first interview out of college, I have read up on salary negotiation every single time. I did negotiate my salary and got what I wanted; even though I was desperate for the job (they didn’t know that). This guide should help you successfully persuade a potential employer into offering a higher salary. Step 1: Know your barriers for negotiating your salary. Salary negotiation is too crucial to avoid.

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CTO Salary and Equity Trends 2009-2011

SoCal CTO

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). CTO Salary and Equity Comparison My guess is that most people who come here are going to be Founders, CEOs and CTOs who want to compare salary and equity of the CTO Position in their organization vs. their peers. CTO salaries are escalating quickly.

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CEO salaries

The Equity Kicker

Seth Levine of the Foundry Group has a blog post up today on CEO and founder salaries. I’ve been saying for years now that founder salaries should start at these sorts of levels and then rise to what would be market for the skillset in a larger company environment as the company gets to scale and/or profitability. If a founder has a decent shareholding and believes in what he or she is doing then they wouldn’t want to trade higher salary now for growth in share price.

How To Live On A Small Salary

YoungUpstarts

Fortunately, it’s very possible to live on a low salary while you pursue a career you’ll love. by Billy Moller. When it comes to work and money, there are two prevailing schools of thought: either you find a job that will pay the wage you need for the lifestyle you want, or you live a lifestyle that can be supported by the kind of job you love to do. In an ideal world, everyone would make lots of money doing rewarding, fun jobs, but this rarely happens right away.

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Startup CTO Salary and Equity Data

SoCal CTO

Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. I was recently asked specifically about these kinds of numbers and I'm a bit worried that expectations between CTO candidates Startup CTO Salary and Equity based on Stage of Company Note: the rows are a bit out of order. It is interesting to see the salaries of CTOs of pre-Revenue even pre-Launch companies.

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When Is the Right Time to Pay Yourself a Salary?

Up and Running

You might have held off paying yourself while launching your startup, but is it time to give yourself a salary? Here are seven things to consider in order to determine if now is the right time to pay yourself a salary. But, if you’re established as an official corporation, taking a salary can present tax advantages, particularly if it essentially absorbs the income your company realizes, and potentially lowers your corporate tax obligation.

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Series A Startup CEO Salary

The Startup Lawyer

A startup’s Series A financing shouldn’t be a large liquidity event or salary payday for the startup’s founders. The term sheet was pretty much a done deal, when the startup’s CEO demanded a salary of $25,000. My client countered with a reasonable startup CEO salary, but the startup’s CEO didn’t back down from his $300,000/year figure. The Importance of Startup CEO Salary. The CEO’s salary sets a cap for everyone else.

Glassdoor.com - Salaries

Hacking Startups

Glassdoor.com - Salaries

Should you make your salaries public?

The Next Web

What if everyone at your company knew your salary? One of the newest company culture trends is the transparent salary, where organizations make the salaries of all employees public knowledge within the company. Ilya Pozin is the founder of Open Me and Ciplex and is a columnist for Inc, Forbes and LinkedIn. Would it make your company more transparent, lean, productive, and motivated? Or would it lead to hurt feelings and foster a more toxic company culture?

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Visualization of Startup CTO Equity and Salary Data

SoCal CTO

A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau.

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Glassdoor.com - Salaries

Hacking Startups

Glassdoor.com - Salaries

Equity Compensation Offers Alternatives to Market Salaries

The Entrepreneurial Mind

Tweet Facebook LinkedIn Tumblr Stumble Digg Delicious The post Equity Compensation Offers Alternatives to Market Salaries appeared first on Dr Jeff Cornwall Breaking Business : Chris Sloan and I chat about Equity Compensation.

Startup founder salaries: Younger, more inexperienced entrepreneurs pay themselves less

The Next Web

Our report last week on the salaries that startup founders pay themselves stirred up a lot of discussion here on The Next Web, Hacker News , Twitter and beyond. While most readers saw it as a good thing that founders of early-stage companies tended to pay themselves low salaries, some readers pointed out that the self-reported data lacked some important considerations. Startup revenue and founder salary. Founder age and salary. Founder salary and team size.

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Visualization of Startup CTO Equity and Salary Data

SoCal CTO

A long-time friend and colleague, Steve Wexler, who is great at visualization took my Startup CTO Salary and Equity Data and produced a really need interactive visualization via Tableau. You can find it here: Interactive Version: Startup CTO Salary and Equity Data (US) Explanation: CTO compensation and equity at venture-backed companies Probably the best thing for someone to do is to go to the Interactive Version and look things up using their specific situation.

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Startup compensation: flat salaries and equity/options work best

The Equity Kicker

We had some success with this system, most notably at Zeus Technology, which was a good exit for my old firm Draper Esprit, but these days I recommend flat salaries with upside coming from options or founder shares. The only exceptions to this flat salary rule are routine work which requires no creativity and sales where commission structures remain the best way to motivate a team. With those caveats the best structures are flat salaries and a share of the equity.

Data Analysis 101: Seven Simple Mistakes That Limit Your Salary

Occam's Razor

That is after all what pays our salary right? Data Analysis 101: Seven Simple Mistakes That Limit Your Salary is a post from: Occam's Razor by Avinash Kaushik. Data analysis is not easy. It takes years to get good at it, and once you get good at it you realize how much more there is to learn. That is part of the joy. You are always learning. You are always growing. This blogpost is a collection of tips I share with my friends who are just starting out.

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The Pros and Cons of Hourly vs. Salary Pay for the Gym and Fitness Industry by Shannon Simmons

Mike Michalowicz

The consideration of hourly versus salary is one of the most daunting challenges gyms and fitness centers face. Here are some pros and cons of paying hourly instead of salary and of course there’s always the straight commission method as well. If you are able to provide a salary, the coach has security in their job, begins to treat it more like a career and will be loyal to you and your gym. 2nd Con: CONFUSION – It can be difficult to determine a starting salary.

Analytics Career Advice: Job Titles, Salaries, Technical & Business Roles

Occam's Razor

My goal is to climb the ranks and increase my salary." I am getting to how you can increase your salary part. Each unique in its job, salary and future prospects. Analytics Career Advice: Job Titles, Salaries, Technical & Business Roles is a post from: Occam's Razor by Avinash Kaushik.

What salary does the founder of your favorite startup get? Probably not a very high one

The Next Web

The company collected salary data from 11,160 startups around the world that use its benchmarking tool. Average salaries around the world vary from a low of $30,208 in India to a high of $72,363 in Australia. Back in 2008, investor Peter Thiel posited that a low CEO salary was the best predictor of startup success: “The lower the CEO salary, the more likely it is to succeed. The CEO’s salary sets a cap for everyone else.

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[Infographic] Startup Salaries: Why Less Is More

YoungUpstarts

As Peter Thiel states, “the lower the CEO salary, the more likely it is to succeed.” ” According to a study by benchmarking company Compass, 75% of startup founders in Silicon Valley have a salary below $75,000 and 66% are below $50,000. Here’s an infographic by WhoIsHostingThis.com that delves into the startup pay statistics, highlighting startup salaries around the world as well as provide tips to help founders determine their own salaries.

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Learn how to earn a six-figure salary as an Agile and Scrum Project expert for under $30

The Next Web

You can uncover how to become one of those fully-trained and certified Agile (and its popular Scrum framework) masters with this Agile and Scrum Project Management Certification Bundle. Right now, grab this high-level instruction at just $29 from TNW Deals. Entrepreneur Life Hacks Offers Tools & Skills

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6 Ways Entrepreneurs Can Stay Afloat When Money is Tight

The Startup Magazine

Take a Modest Salary (If Required). If all else fails and you’re at risk of not being able to pay your basic household bills (like mortgage/rent, utilities, and food), you may consider pulling a very modest salary out of the business. As an entrepreneur, it can be feast or famine.

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How to live comfortably in NYC on a $30k per year salary

Hippoland

Frankly, it’s pretty easy to live comfortably in a big city like NYC on a < $30k per year salary. Including taxes/medicare/social security, that comes out to a $30k per year salary. What would a larger salary get me? By optimizing for my happiness, I ended up spending the equivalent of a $30k salary (post taxes, etc) even though I made more money than that. image credit: Grufnik.

Ritesh Agarwal, CEO of OYO takes 100% pay cut

Our Own Start-up

OYO has slashed salaries of executives at senior and top-level. Startups Companies Coronavirus OYO OYO homes OYO living OYO rental services pay cut Ritesh Agarwal salary packageAccording to the company’s statement, its founder and CEO Ritesh Agarwal has taken a 100% pay cut.

How to live comfortably in NYC on a $30k per year salary

Hippoland

Frankly, it’s pretty easy to live comfortably in a big city like NYC on a < $30k per year salary. Including taxes/medicare/social security, that comes out to a $30k per year salary. What would a larger salary get me? By optimizing for my happiness, I ended up spending the equivalent of a $30k salary (post taxes, etc) even though I made more money than that. image credit: Grufnik.

Buffer, the company known for public ‘open salary’ docs, just laid off 11% of its team

The Next Web

Buffer is a popular social media management tool that also offers a great marketing blog on the side, but you may know it best for is its open salary formula that the company’s co-founders shared publicly in order to be transparent about how each employee’s salaries are calculated.

The Pros and Cons of Hourly vs. Salary Pay for the Gym and Fitness Industry by Shannon Simmons

Mike Michalowicz

The consideration of hourly versus salary is one of the most daunting challenges gyms and fitness centers face. Here are some pros and cons of paying hourly instead of salary and of course there’s always the straight commission method as well. If you are able to provide a salary, the coach has security in their job, begins to treat it more like a career and will be loyal to you and your gym. 2nd Con: CONFUSION – It can be difficult to determine a starting salary.

[Infographic] 2012 Q3: Software Engineering Salaries in Silicon Valley

YoungUpstarts

Software engineers are extremely high in demand, and over the past few years the growth in their salaries has shown exactly how much in demand they are. California-based executive search and technical recruiting firm Riviera Partners recently crunched some numbers by aggregating salary figures from the highest paying tech companies and from a recent report covering the correlation of tech skills in demand and expected salary ranges.

[Infographic] Silicon Valley Engineering Salaries In 2012

YoungUpstarts

The continuing tech boom has resulted in strong competition for top engineering talent, resulting in a subsequent upward surge in salary scales as well. Despite a year-on-year fall of 3.6-percent in the final quarter of 2012, overall average annual salaries has increased 3.7-percent year-on-year to US$118,900, according to an infographic from Silicon Valley technical recruiting firm, Riviera Partners.

[Infographic] Social Media Vs Salary

YoungUpstarts

That’s right – many young professionals and college graduates actually admit that they would sacrifice salary and attractive employment opportunities for social media and technology freedom. What should be important for recruiters and HR folks to note is that 29-percent of young college students say they would prioritize social media freedom and device flexibility over salary. And social media wins.

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[Infographic] [Singapore] Salary Expectations Increase 35% With That First Private Degree: JobsCentral

YoungUpstarts

It will, but attaining that private degree – if it’s their first formal degree qualifications – also leads the employee expecting a 35% salary raise to commensurate with that extra knowledge. Here’s an infographic that gives you an idea on the numbers emerging from the report: In the News degree courses further education infographic JobsCentral salary data salary expectations Singapore

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First COVID-19, and now WeWork is giving hard time to Indian startups

Our Own Start-up

Startups 91springboard ABL Workspaces Akshita Gupta Anand Vemuri ANAROCK Property Consultants Appknox co-working Co-working spaces coronavirus India Embassy Group Greyhound Research Harshit Agarwal India coronavirus Innov8 OYO salary Sanchit Vir Gogia Subho Halder wework WeWork India

How an MBA Could Transform Your Career

The Startup Magazine

Finally, it’s worth noting that a key motivation for many people who choose to study for an MBA is that on completion, they will have much better chances of securing a higher salary in their chosen sector.

[Infographic] Salaries For Popular Online Jobs

YoungUpstarts

But while not all work is equal – or at least, the salary expected from completing a piece of work can vary greatly depending on where the freelancer is based. Below is an infographic that looks at the average asking salaries for July this year for workers using oDesk - you’ll see how different wage expectations are. The remote online freelance industry has grown by leaps and bounds worldwide thanks to the spread of technology around the world.

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Dr. Dallas Dance Explains Why Leaders Should Never Stop Learning

The Startup Magazine

Rather than feeling that they have achieved something when they have the highest salary or the best office, they measure their worth in whether they have helped the company to rise to new heights. Entrepreneurship People Staffing Startup style accountability Competition courage Education Employees goal setting incentive Innovation leadership Learning Management mindset Mistakes opportunities performance salary skills software success support workplace

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My answer on Quora re: Market Salaries for funded startups

Scalable Startup

Can you expect a market salary from a startup that has received venture capitalist investments? Below market salary ifs fine if you can afford it and if the equity is awesome. Contact me if you want to discuss your specific situation; I can probably pinpoint the right salary for most positions. Tom Nora , Startup Growth Advisor, Code Slinger. . Typically yes, but it depends on a few things.

Five Extra Incentives to Offer New Employees

The Startup Magazine

Salary and job satisfaction are key factors, but there are other elements that can mean the difference between your dream candidate accepting your offer or going with another company. For some people, vacation is even more important than salary.

The Top UK Industries Searching for Talent

The Startup Magazine

The average salary in this UK talent category is around £36,000. Accountancy and other financial jobs listed in July totaled over 82,000, the average salary is just under £38,000 and qualified accountants learn many transferable skills. Salaries average at around £36,000.

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5 Essential Outplacement Services for Corporate-Level Employees

The Startup Magazine

Even individuals holding the highest position in a company with the highest salary imaginable could benefit from a career counseling session. Staffing agency Career counseling Coaching Employment Interview job search leadership networking outplacement resume salary skills trainingInvesting in outplacement services for corporate employees is a bit different than investing in outplacement for entry-level or professional job titles.