AdvertisementKruze Consulting, which provides accounting services to early-stage, VC-backed companies, released a study showing that the average seed-stage founder who is also a startup CEO makes $132,000 a year.
The consultancy recently analyzed 450 of its seed-stage startup clients' payroll records to determine the average base salary for different jobs at early-stage companies.
Kruze's study says that employee compensation accounts for around 75% of the total operating costs for its startup clients.
According to Kruze's analysis of its early-stage startup payrolls, engineers can make anywhere between $65,000 and $235,000 annually.
Equipment such as laptops and work stations cost startups between $2,500 and $3,000 per employee, Kruze's data found.
Persons:
Kruze
Organizations:
Kruze Consulting, Kruze, CPO, Engineers, Francisco Market, Major Tech, San Francisco Market, Big, Austin
Locations:
Austin, Big Tech