The TLDR; is to provide Founders, Investors, Employees and Job Seekers with the data they need to understand what fair compensation means.
A huge thank you to the team at StartupAus and the 350+ individuals that responded to our online salary survey. We also could not have done this without the support of Airtree Ventures, Blackbird Ventures, Blacksheep Capital, Carthona Capital, Full Circle, Rampersand, Square Peg Capital and lastly Reinventure who were particularly instrumental in helping to get this off the ground.
The challenges of hiring top talent are well documented for cash strapped businesses. But does it mean ramen noodles every night if you are working for a Startup? By publishing salaries based on real data, gathered from 350 online respondents and forty-seven venture backed businesses we hope to shed some light on things.
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For those unfamiliar with the Australian startup environment, we have had a massive funding issue in Australia for many years.