Questions regarding a form of periodic payment from an employer to an employee, which may be specified in an employment contract.
1
vote
3answers
117 views
How much equity + salary should a Technical CoFounder get?
I am unable to decide how much should I get by reading the meta thread about equity hence I am asking it here.
I got offer as a technical partner in one web based start-up from two business guys with ...
0
votes
1answer
34 views
Buy out scenario and bringing on an equity investor
A company has $180,000 invested into it. In order to buy out a partner I need $88,000. My current manager wants to invest in the company and I am encouraging it in order to keep a long-term employee ...
3
votes
2answers
122 views
It is common for salaries to stay below market rate even after an initial venture round?
I am employee #1 in a startup with some substantial equity in it.
Our startup was funded by angel money and I have worked from the beginning for a salary way below market rate. Now, venture round A ...
0
votes
0answers
38 views
Single Employee S Corp - Wage/Salary Options
I'm starting a self-employed S-Corp to perform software development services for which I will charge an hourly rate. I'm setting myself up as the sole employee of the S-Corp and will pay myself using ...
4
votes
1answer
123 views
Do Open Finances and Wages Build Trust in a Company?
Please only answer if you have personal experience with this topic.
I've been hearing of more and more companies that choose to openly display their finances and/or employee wages to all employees of ...
2
votes
0answers
44 views
how to proceed with negotiations with contractor/early employee [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
I am one of three cofounders at an early stage startup. We have been working with an outsourced ...
1
vote
2answers
55 views
SaaS founders incentives: Business and Technology
We are two 50/50 founders of an enterprise SaaS company. both cofounders are tech people with a good grasp of business knowledge.
Mainly, one of our cofounders brought most of our clients and handled ...
1
vote
3answers
119 views
Should I, as the founder of a company, have to draw a minimum wage?
I have started a company with 2 other co-founders in the US and own 40% of the company. I am the only employee on record as the CEO of the company. My lawyer insists that I should draw a minimum wage, ...
1
vote
3answers
374 views
Salary to expect for a “well-funded” Manhattan startup
I have a second interview this week for a "well funded Manhattan Startup". They are looking to fulfill the position of both Account Manager and Business Development Manager. I am coming from a very ...
1
vote
1answer
130 views
Having hard time to decide for a lead dev position in a start-up (Paris)
I am in the following situation where i got an offer to join a start-up in Paris for a lead ios dev position. The field they are working on is a mix of technology and art which really fit to my ...
4
votes
2answers
265 views
Salary and profit distribution in game industry?
A couple years ago, I started a group/team of passionate people in game development. I was the one who had the idea to form a group that will (hopefully) later be a company/real studio. I was the one ...
1
vote
2answers
164 views
equity explained for a developer
I've seen job listings for developers that offer salary + equity. Can someone please explain equity with an example or two? What is the typically amount of equity for a developer? Is there any ...
1
vote
3answers
221 views
Joining startup question on salary
I've been approach by a startup to join them. I'm currently making 80k USD as a developer, not knowing much about the startup world. What would you consider a reasonable offer from them? Knowing they ...
0
votes
0answers
68 views
Development Costs for a Tablet or Reader
How much would it cost to let an engineer develope a tablet like touch device for me? And how to find one?
I only need a ballpark estimate for calculating. I have no idea about the costs of a ...
2
votes
4answers
362 views
From where employees get their salary?
We are incorporating a company, and it is decided that the investor will have 51% shares and divide the remaining 49% shares amongst the five founders.
51% + 49% = 100% share. That leaves zero ...
0
votes
1answer
60 views
Business Plan question on owner equity
This is my first business so excuse me. I'm establishing a salary for myself as an employee but suppose I wanted a percentage of sold goods also. Should that be included in the budget against sales or ...
0
votes
0answers
95 views
Taking lesser salary and work in a start-up
I am in the process of negotiating with my former boss that went out and did his own software start-up. Everything has been set-up and the product is there. Currently has stable clients but the ...
0
votes
1answer
135 views
No Income on S-corp currently. What happens when the S-corp starts generating income?
I want to start a S-corp. The company will not generate any income atleast of for 1 year. Probably after a year the company may start generating some income. I also have a fulltime job. When the ...
2
votes
4answers
319 views
Choose to pay the employees a little too much or a little too less?
We tend to think that the fair value of a work is the price of it, but it's hard to appreciate. As a web startup, what do you think is the best strategy, keep the pay a little too less to keep the ...
0
votes
1answer
78 views
What is the salary for an experienced social marketer?
I'm looking to hire a experienced professional on a part-time contact basis to manage the online marketing of my smartphone app. Our focus will be social media. I've found many qualified people on ...
1
vote
4answers
265 views
Paying self on start-up business
I'm a technical person, something is puzzling me.
Why do owners of business startups have to pay themselves when they're just starting a business?
It doesn't seem to make sense, because it's like ...
4
votes
3answers
1k views
If I incorporate, when do I have to start paying myself a salary?
I plan to incorporate, mainly for the liability protection. My business is Internet-based and the operational costs are quite low, so I plan to fund everything out of my own pocket, and I have the ...
1
vote
1answer
166 views
Commission or Compensation for a Regional Outside Salesman for a Product-Based Business?
My Company & Personal Background
I have never hired/managed a sales person, but I would like to hire my first. From when I founded the company 3 years ago up until now, I've only received sales ...
2
votes
1answer
256 views
S Corp Salary - no income
My startup is at the stage where I'm considering forming an LLC, S-Corp or C-Corp. I've been reading a lot, on this site and others, about the various advantages and disadvantages of the 3 main ...
4
votes
2answers
409 views
Low startup salary, big stock grant-What to do?
I just got an offer from a friend for a startup in an industry we don't know much about. He likes the idea and has a good track record (in other industries). I am still unsure about the validity of ...
0
votes
1answer
784 views
Typical salaries for Senior Ruby on Rails developer in Montreal (Quebec)
What is a typical salary for a senior (with 3 years of experience) Ruby on Rails developer in Montreal?
And how much does it cost totally to the employer?
Thanks
10
votes
6answers
2k views
Joining a startup within its first year - salary/equity expectations?
I've recently been headhunted by a startup a year old which I am very interested in leaving my current position in a large established business in the same industry for.
There are a number of people ...
1
vote
1answer
218 views
Ownership/Equity Distribution on Fashion Startup?
My Friend (a graphic designer/production manager) is a 33% partner in a manufacturing company with 2 investors (spilt 33% among the 3). Right now they are manufacturing for outside clothing companies.
...
1
vote
1answer
648 views
Compensation in a well-funded pre-series A startup in Silicon Valley
I have had a favorable (and rigorous) interview process at a pre-series A startup (12 months old) that has a solid product, a very good team and excellent market traction. They have raised around ...
4
votes
3answers
244 views
How do fixed costs scale with headcount? Can I use a rule of thumb ratio, say salary x 1.5?
I've heard that start-ups often write proforma budgets using a rule of thumb for figuring fixed costs (rent, utilities, fringe benefits, etc.) in other words costs that scale with headcount. The ratio ...
2
votes
3answers
351 views
Hourly Contracting Problem? Can Only Bill Limited Hours with Client
I am contracting (pay by hour) with a startup company building a web service platform (SaaS). I am a programmer. The company already has the prototype product, so my duty is to develop new features ...
3
votes
3answers
317 views
Minimum wage laws and startups?
As a technical person, you see this a lot:
"I've got this great idea to be the next $BIG_SITE. I need you to build a site for me - it should only take 3 months or so. Meanwhile, you can crash on my ...
-4
votes
3answers
1k views
How much should web programmers be paid in start ups?
I am working for a start up company in California. I am currently the only backend developer building a social network for this company. Before there was a team of 2 backend, 2 frontend and looking to ...
1
vote
3answers
220 views
When asking for funds from an investor, how do I decide my own salary?
I will be speaking with a potential investor soon. And I will be quitting my job to run this startup. I will also be the only one running the startup for at least the first 6 months. How do I decide ...
1
vote
5answers
2k views
salary and stock options in a startup for lead developer - advice needed
I got an offer from my friend in a startup company with $30K/year (take into account it's not in a "hot" spot like Silicon Valley or NY, but yeah, it's not high in any standards, and the job's in a ...
2
votes
6answers
531 views
Considering an offer from a startup, two different compensation packages. Advice?
A bit of background: The two founders are guys I used to work with before our previous employer (a SaaS company) was aquired back in 2010. One of the founders was a senior sales exec and the other was ...
2
votes
1answer
323 views
Salary for a Founder? [duplicate]
We're looking for investor's money for our startup. We're 3 co-founders, and our roles are the following:
One of my partners is a software developer. He's responsible for technical implementation.
...
1
vote
4answers
1k views
As a founder/shareholder/officer in a startup, do I pay myself as an employee(W2) or contractor(1099-MISC)?
I've looked around, but can't seem to find a straightforward answer for this.
I am one of 4 founders in a start-up incorporated as a C-corp. 2 of us work full-time on the start-up, and so far have ...
0
votes
1answer
679 views
Deciding equity and profit sharing when co founder takes salary and works full time
Having read so much on how equity has to be split, i am still confused and am unable to come to any conclusion. I Would highly appreciate if you could fill in the gap as its making life difficult.
...
1
vote
2answers
464 views
Compensation for early startup employee - what is the right balance?
If my company is profitable and able to pay early startup employee at the market salary (compare to MSFT, Google, Apple etc) , should I still need to pay for significant amount of option to them?
...
1
vote
2answers
469 views
Best deferred salary equation?
I'm the co-founder of a bootstrapping startup, and I have incentive to prefer short-term compensation, like deferred salary, instead of equity. Would it be reasonable to apply a multiplier to the ...
0
votes
3answers
394 views
Start up salary calculation for budgeting
I am trying to raise seed capital for my next venture and have a quick question regarding salary. There are two founders involved and both will work full-time, suppose if I mark the salary of each ...
2
votes
2answers
170 views
Opening a European Subsidiary in the U.S
I am an American setting up a U.S. based subsidiary office for a small Eastern European company. What are the methods I can get paid assuming the company does not have capital for straight salary and ...
0
votes
1answer
92 views
Employee Payment - From an Investor's Prospective
In the development stage of launching a start up. I am initially outsourcing the development as I am not located in a place where there is an abundance of programmers. The dev timeline is 6 weeks. ...
2
votes
1answer
427 views
How to get hold of extra money if my company is LLC but elected to be taxed as S corp
I live in miami and am about to form an LLC. I have also decided that I would elect to have my LLC to be taxed as S corp. I will be the only employee for next 6 to 9 months.
Since it is a S corp I ...
3
votes
5answers
392 views
Leaving an awesome startup for Big Co. Am I crazy?
I love working for my current company. The work is challenging and fun, the people are amazing, I've been given lots of opportunity, and it's just an overall great work environment.
The ...
7
votes
4answers
483 views
can I justify a (modest) salary for myself?
The situation is as follows. There are 3 investors:
Me, founder & MD 75% of shares, invested 500k
Relative 1, 15% of shares, invested 630K
Relative 2, 10% of shares, invested 500k (as a loan to ...
1
vote
2answers
338 views
Founders' salaries
Need help.
Startup. Several founders. Got investments n$. Worked for free after getting investments 6 months. Reached and even more, KPIs, Investors are very happy. Now new round with new investors ...
2
votes
2answers
517 views
Paying Friend/Programmer/Developer to code Startup Website. Also give Percentage? How to keep Accountable?
I have an income and a website idea. I know nothing about programming. I have a friend who is a programmer, comp-sci major, and so to get my idea created into a website I am paying them an hourly wage ...
2
votes
1answer
316 views
Can I file a wage claim if my base salary is below 24k a year?
I was told by a lawyer that I can file a wage claim against the startup I've been working with for the last 3 years. I am in the middle of equity talks with the owners of the startup. I want to use ...
