New knowledge from Kruze Consulting’s wage knowledge from greater than 200 startups present that CTOs, on common, are on greater salaries than their CEO counterparts. On common, co-founders make the identical, however the place there’s a distinction, the stability usually ideas within the favor of the technical co-founder.
The information recommend that variations range by stage and by trade. At Collection A and past, the wage usually ideas within the CEO’s favor. It’s straightforward to think about early-stage firms needing to pay their technical management extra, as they’ve the next alternative price; particularly within the Bay Srea, high-quality technical co-founders have their decide of high-paying, high-prestige jobs throughout the complete trade, with beginning compensation packages considerably greater than at a startup.
Evaluating trade to trade, healthcare and pure software program/SaaS startups see the most important discrepancies. Once more, that is sensible if the chance price is an element; the overwhelming majority of abilities wanted to construct a SaaS firm is instantly transferable to a number of the highest-paying developer and product roles at just about each firm you may point out.
The fascinating outlier within the knowledge is healthcare; it appears as if right here, healthcare technical co-founders are notably profitable, and are in a position to appeal to greater wages in consequence.
After all, with a dataset of 200 or so, it’s doable there are some outliers within the knowledge that skew issues, however when it comes to normal traits, these numbers are congruent with the broader compensation numbers we’re seeing throughout the ecosystem.
Kruze Consulting additionally has a CEO salary report it printed earlier this 12 months, which might help you determine what the market price is for a CEO within the present monetary local weather, and a CTO salary report it published today.