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Salary is market rate, I think I may push for a shorter trial period, or more importantly a clause saying I will get a minimum amount - say 1% which we can then
by wr1472 19y ago
Salary is market rate, I think I may push for a shorter trial period, or more importantly a clause saying I will get a minimum amount - say 1% which we can then negotiate an increase on in 3 months.
To be honest a trial period of 1.5 or 3 months seems inconsequential, what I am mindful of is at the end of the trial period, they change their minds and say they're not going to offer me any equity.
- pg 19y agoIt's reasonable to talk about what range of numbers they're thinking about. You don't want to work 3 months and then learn they consider .1% generous. But if you specify a minimum, that may start to become the default number in both your heads.
- wr1472 19y agoThanks for your input, I think I will ask to see what range they are thinking about. Will let you guys know what they say!
- wr1472 19y agoJust had a chat with one of the cofounders. I misunderstood / recruitment agent mis-told me that it was equity, rather it is a company share option scheme. I will be offered 100 shares (3yr vest period) which isn't great however this will hopefully be pre series A and so strike cost should be a lot less post series A. Is it worth going for share options (even if it's only for 100 shares)? I don't see this as compensation for salary but more of a bonus if anything. what does eveyone think?