TechGigger

If you have an good pedigree as a start-up exec, it is looking like you can call the shots these day. Experts in tech start-up recruiting say that typical executive compensation can now amount to up to $250K annually, plus an equity stake of 8 to 12% in a VC backed start-up. At the VP level, VC-funded start-up candidates are seeing offers at $175K to $200K. More experienced candidates, however, may opt for less cash and up to 15 to 17% of equity. Of course these numbers vary depending on the stage of the start-up.

Execs running divisions of large companies such as Microsoft, Sun, Oracle, or Hewlett-Packard are not as popular as those who have run startups, the experts say.

Demand for a smaller pool of in-demand execs means that VCs and board members are taking longer than they were before to find the right candidate. About a year ago, the Laurel Group says it was averaging about 55 days to find a CEO. Now the search can take 120 days. “Candidates have multiple offers which are much more competitive. “We’re not seeing executive relocation because there is so much in their backyard,” said Laurel.

Read - Start-up Jobs: Cash Not Perks

Posted by BT at 12:09 AM | Permalink | Comments (0)

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