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by cpks
4037 days ago
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Honestly, I just found out, and I am trying to figure out when and how to bring this up. It feels like there are several good timings for bringing this up: 1. When I've just delivered something of high business value 2. When the company is really needs me to deliver something of high value 3. Annual review 4. Right before quarterly/annual budgets 5. When I have a competing offer I've asked for a raise, not too long ago, without any information in hand about competing salaries. That conversation did not lead to a pay increase. I found out -- not long after that conversation -- that the post-funding folks make substantially more than the pre-funding folks. Salary aside, it is an excellent job. I enjoy working there, believe in the mission, and I am relatively unlikely to leave for a more lucrative offer. I think management knows that, which is why they don't feel the need to pay myself (or other early employees) market rates. Management pays the least an employee will work for. |
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I gave my company a choice: raise my salary/title to reflect the new hierarchy or lose me to a competitive offer. They fed me a line about how the company was making money, but not enough to raise everyone's salary (translation: we don't think you can get a competitive offer).
I took another job 3 weeks later for 25% more money + actual equity (not bullshit stock options).
Startups can be fun, but in terms of compensation, the early employees will get screwed over.