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Gillian O'Brien
Founder Salary Report by Pilot.com — Salary data from founders across the globe
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"What should I be paying myself?” is one of the most common questions founders ask, and it’s hard to find good data. So we surveyed founders from across the globe to get ranges, averages, and distributions to help get this question answered.
Replies
Yuriy Dybskiy
Great data, thanks for posting! Interesting how average in Boston is higher than SF :) @waseem_daher is it a thing to pay a slightly higher salary after the raise to offset years of not taking any salary?
Waseem Daher
@html5cat *Generally* not—what we tend to see is that in the early days your equity comp is significant (and hopefully the business has appreciated in value significantly, so you're covered that way.) Having said that, everything depends on your exact situation!
Pranav Piyush
This seems like a fantastic resource for startup founders. Thanks for sharing @waseem_daher and team!
Waseem Daher
@pranavpiyush Thank you Pranav!
marcio von muhlen
Super helpful—simplifies a stressful part of being a founder. Thanks @waseem_daher and team!
Waseem Daher
@marciovm Thank you!!
Andy Berman
This is good!
Waseem Daher
@andrew_berman Thank you!
Alexander Embiricos
Thanks for building this @waseem_daher—always useful to have this benchmark and see we're middle of the pack :)
Waseem Daher
@embirico Alex, you're a top quartile founder and should be paying yourself accordingly, let me know if I can talk to your investors :) :)
Waseem Daher
👋 Hi, Product Hunt! I'm Waseem, cofounder and CEO at Pilot.com, and one of the creators of the Founder Salary Report 💸 Why did we make this? At Pilot.com, we specialize in accounting, tax, and CFO needs for startups 🏦. One of the most common questions we hear from founders is: “What should I be paying myself?" 🤔 And as a three-time startup founder myself, I was stumped to not have a really solid answer. There just isn’t good data here that’s publicly available. So we changed that: we surveyed over 500 founders to capture that data for you. 📊📈 There’s no magic number 🎱 for what you should be paying yourself, but we hope this report serves as a useful guide in discussing compensation with your cofounders 👯 and investors 👩‍💼🕴️ We’d love to get your feedback. We’ll be around all day answering questions, so feel free to comment here or email me directly at waseem@pilot.com P.S. 🌎 Thanks to all the founders who participated in the survey—this is quite a rare snapshot of real-world data gathered from founders across the globe. ✨😊 P.P.S. 🤭 As another little offering for the PH community, if you have a startup and you’re looking for help with accounting, tax, or CFO services, the first 100 folks from PH that sign up with Pilot will get 20% off 💰 their first six months of Pilot Core, if you use this link: https://pilot.com/offer/producthunt We work with literally thousands of startups and are backed by Sequoia, Stripe, and Jeff Bezos—so you’re in good hands. 🚀🚀
Caroline Clark
Looks great Waseem! Founder salaries are challenging to figure out, and it's so nice to have this resource!
Waseem Daher
@caroline_clark Thank you!
Varun Razora
Congratulations for the launch.Will you keep your data updated every other weeks and introduce new companies as well?
Waseem Daher
@varunrazora We'll update it every year! (We did a 2021 report and this is the 2022 version.)
Waqar Ahmed
Nice report;) Next time show India altogether differently rather than clubbing it with ‘other international’. This would give a more detailed report regarding the salaries of founders worldwide. In India the cost of living is really low.
Waseem Daher
@syed_waqar_ahmed Definitely agreed—I'm optimistic that in the next iteration we can get even more data points, so that we can do some of these additional country breakouts!
Adam Fletcher
Love pilot, and thrilled to get a copy of this report. We (bit.io) have used pilot since our inception and it's worth every penny. The CFO service is also great!
Waseem Daher
@adamfletcher Thank you Adam!
Huy Doan
Wow it is so interesting though! It would be great if we can have some reliable references to get some ideas from.
Waseem Daher
@huy_doan_quang Thank you!
Omkar Birje
Great Product. Congrats on the launch. 🥳 I also launched the Digital Product Kit. Don't forget to take a look.
Waseem Daher
@realomkarbirje Thank you!
Mustapha Ajermou
Nice Idea, wishing you all the best!
Waseem Daher
Ana Andreescu
Excellent product. So timely!
Waseem Daher
@ana_andreescu Thank you Ana!
Dávid Sipos
Great product! Congrats on the launch!
Waseem Daher
sathithya yogi
Wow Nice tool, congrats for the launch! @gillian_o_brien @priyabubbs @samantha_is @waseem_daher
Waseem Daher
@ankit_sparks 💰💸
Shushant Lakhyani
This is much needed Thanks for building this!
Angela Vico
Congrats on the launch!
Zander Ford
Superb product!! Congratulations on the launch!!