Re:Ask HN: Sources to determine "reasonable compensation?" f...
by clintavo on Monday December 29, 2008 @03:33PM
(#413399)
Thanks, fnazeeri, this study actually is helpful and does provide some useful data, I think it will be very helpful to have a professionally done compensation study if necessary to show the tax man.
Re:Ask HN: Sources to determine "reasonable compensation?" f...
by tptacek on Monday December 29, 2008 @04:26PM
(#413480)
There are two extreme data points you're getting here:
(1) The absolute lowest number people think you could get away with.
(2) The ridiculous numbers awarded to vanity CEOs of VC-funded companies.
You probably want to be somewhere in the middle. There's no rule about what a "CEO" makes; you're compensated based on the value you create in the company. If you do the same work as a lead developer, pay yourself like a bare-bones startup would pay a lead developer.
Web companies pay CEOs 200k because they're suckers.
Re:Ask HN: Sources to determine "reasonable compensation?" f...
by fnazeeri on Monday December 29, 2008 @04:05PM
(#413445)
Contact me through my blog http://www.altgate.com/ and I can share more detail (or you can track down Noam as I mentioned in the post).
This isn't terribly helpful to you question since it's for venture-backed companies, but it's at least an upper threshold.