What share to give the first employee?

Posted by op2ed on Sunday March 19, 2017 @12:49AM
from the self-post dept.

Hey there, we are disrupting the unfair higher education application process with our Google of “University Searches” our natural language generation engine. We are ramen profitable and we have employees but they are salaried without any stake in the company. We are looking to take on our first technical employee but we are not sure how to do it. About what share in the company should we offer him? And should he receive an industry standard salary on top of that? Perhaps there is some ratio?

( 3 comments | 2 points | on HN )

Re:What share to give the first employee? by df3 on Sunday March 19, 2017 @02:12AM (#13905577)

It's hard to give a recommendation without knowing your location and other specifics. I would first talk to the employee and see if she prefers more salary or more equity.

Buffer uses their own formula for calculating salary and equity: https://open.buffer.com/buffer-open-equity-formula/

[ Parent | on HN ]

Re:What share to give the first employee? by op2ed on Tuesday March 21, 2017 @01:31AM (#13920076)

Thanks, this was very handy.

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Re:What share to give the first employee? by webaholic on Sunday March 19, 2017 @01:03AM (#13905300)

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