Ask HN: Early employee salaries for startups in The Netherlands / Europe?
I haven taken a break from my full-time job for a couple of months to develop an app prototype on the iPad for a startup in its initial phase. My break is coming to an end and we are are pretty happy with each other.
I like the work: not just coding but also (with the "server" guy, I'm the "client" guy) selecting technologies, managing features / the project, etc.
And they seem to like me and what I, together with the other guy, have accomplished the last two months.
Now, I know my weak point is salary negotiations. There have been a couple of posts about this the last weeks but I also like to have some indications of salaries for the region I live in: De Randstad in The Netherlands.
I'll be monitoring this thread and will answer any questions people will have.
31 comments
[ 3.2 ms ] story [ 80.4 ms ] threadI can't say which sector I'm targeting, sorry.
You could also try playing equity vs salary off each other. e.g. I usually work for $6000 a month, but if you want I could work for $2000 with 30% equity. Or if you want equity more than salary, I usually work for $10,000 a month but could do it for $1000 a month and 40% equity.
Numbers above are just random. But the idea is to make the option you really want seem MUCH more attractive.
Founding-stage planet, presumably.
If someone asked me to work for $1000 or $2000 a month and they weren't offering high double digit equity I'd laugh in their face. If the company has funding and momentum then I'd want market salaries which is an order of magnitude higher. If it's early stage then it depends on what each person is bringing to the table. An experienced entrepreneur with a relatively inexperienced engineer should not give that much equity, but for the inverse 30-40% is not unreasonable. If you think this person has the chops to make the product a reality then put an appropriate vesting clause with cliff and do it.
At the end of the day it's about ROI, not about bogus conventions on how much "employees" should get.
With the lack of security in a start up I might also ask for something in my contract which meant if the product/company were successful I would get recognition (financial or otherwise) in relation to my contribution.
Western Europe.
If you understand Dutch, perhaps a good forum to get a better idea what would be an appropriate salary, you should check out the "Werk & Inkomen" sub forum of the Dutch technology website Tweakers.net.
See: http://gathering.tweakers.net/forum/list_messages/1446515/la...
To expand a little:
- I'm dutch
- I don't have to move
- I have got a wife, kids and a mortgage
- I've got about 15 - 20 years of experience depending on how you look at it. Starting with: 68000 assembler, C, C++, Java, JavaScript, web front-end and back-end, Lisp and now iOS although I'm just getting up to speed with the latter. I've got Open Source projects on GitHub, a blog I post technical things to a couple of times per year. I'm pretty up-to-date on technical things: call me an average HN reader.
I might be giving away too much for a throwaway account now.
Edit:
Interesting projects http://forum.nedlinux.nl/viewtopic.php?id=31844 (at least to me). And as far as I have seen, Dutch companies don't really care if you finished any education; usual text is 'HBO of WO denkniveau' (has to reason on college level, roughly translated).