chief of staff salary startup

But there are other factors to consider when you’re deciding how much is just right, as we’ll cover below. It’s hard to decide who has changed the most in the last 12 years: Thrillist or its co-founder and CEO Ben Lerer. After all, they have to make enough to, you know, live, even when you’re bootstrapping. Visit PayScale to research chief of staff salaries by city, experience, skill, employer and more. Job Highlights. The average salary for a Chief of Staff is $108,289. Delivered Tuesdays and Thursdays. The Chief of Staff can provide a safer channel for CEO feedback. 4. per year. One caveat: A lot of more mature founders (read: not teenagers) choose not to pay themselves for the first year or first few years of their startup. With a wish to build up communities, Craig built a company with clear community values (and no focus on profit) that brought people together in a way nobody could have imagined. But don’t let that keep you from considering the position. How much does a Chief of Staff make in the United States? A startup's funding impacts the CEO's salary, the report found. It’s a complicated story (you can read the full rundown here) but basically a media startup called 8020 brought on a new CEO with the hopes that his experience at Conde Nast would help pull them out of a major downturn. The average Chief of Staff salary in Los Angeles, CA is $246,128 as of February 26, 2021, but the range typically falls between $201,578 and $304,414.Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Do you want the CEO to be the highest paid employee of your company? Exact numbers on startup CEO salary are hard to find. Physicians and attendees will experience interactive programs with breakout rooms and audience … $30k cash bonus. He was always skinny — in high school I could always tell who he was on the lacrosse field based not on his number, but on his chicken legs — but since leaving college, he’d gotten even thinner. But it’s a good start as you’re struggling to figure out your own just right for your startup CEO salary. The average salary for a Chief of Staff is £71,939 per year in United Kingdom. While chiefs of staff would only make an average of $152,939 in Delaware, you would still make more there than in the rest of the country. Instead, I’m going to introduce to you to system I’ve named “The Goldilocks Method” for determining startup CEO salary. This sets a standard for all other employees. Additional Pay. What’s the cost of living? Chief of Staffs have existed in the political sector since the 50’s. Director £32. Based on recent job postings on ZipRecruiter, the Startup CFO job market in both Boydton, VA and the surrounding area is very active. Though he covers a lot of ground, here's the one reason why the chief of staff is important at a unicorn. “Our low-pay all around defines our culture and makes us more of a team out to accomplish our mission and grow. 8. How much? He was more willing to deal with hardship than someone further along in their career likely would be. In short, he was young — and that worked, in this case. What are the cost of groceries where you live? ALL RIGHTS RESERVED. But others are glorified admins. Those with the highest annual salaries tend to be running companies that have either recently raised capital, or are performing very well and have not raised money for a long period of time. How will your proposed salary affect that runway? Director CA$131K. How much do you need to support yourself and your family? For some founders, that number is strategically low. Employer name has been removed to protect anonymity. Add on location, marital status, age, savings… and the list goes on and on and on. Discover the secrets to IT leadership success with these tips on project management, budgets, and dealing with day-to-day challenges. Are you profitable? © 2021 ZDNET, A RED VENTURES COMPANY. 1. It tells candidates how they’ll contribute to your organization from the moment they start, and how those contributions will impact your success. He also believes that a lower salary keeps founders focused on making their equity worth more, which is a good end result for everyone — founders, investors, and employees. Salary estimates are based on 861 salaries submitted anonymously to Glassdoor by Chief of Staff employees. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 2. He had no butter. Does your CEO have a family that’s dependent on them or are they just supporting themselves? The CEO of a seed or venture-backed startup company makes an average annual salary of $130,000, according to a recent report from Kruze Consulting. Learn about salaries, benefits, salary satisfaction and where you could earn the most. It’s just another way of approaching the issues and determining what, in the end, is most valuable. 1 500 Startups Chief of Staff interview questions and 1 interview reviews. 10. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.