{"id":43553,"date":"2023-10-20T15:29:26","date_gmt":"2023-10-20T15:29:26","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/australian-founder-salaries-analysed-in-global-survey-startupsmart\/"},"modified":"2023-10-20T15:29:26","modified_gmt":"2023-10-20T15:29:26","slug":"australian-founder-salaries-analysed-in-global-survey-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/australian-founder-salaries-analysed-in-global-survey-startupsmart\/","title":{"rendered":"Australian founder salaries analysed in global survey – StartupSmart"},"content":{"rendered":"
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Nearly three-quarters of Australia\u2019s start-up founders are aged between 31 and 40 and are paying themselves just over $US55,000 ($A62,700) a year, an analysis of global founder salaries has found.<\/p>\n

 <\/p>\n

Last week data collection and benchmarking group Compass released findings from a survey of 11,160 founders around the world that revealed 72% of founders earn less than $US50,000 a year<\/a>.<\/p>\n

 <\/p>\n

Compass has since released further analysis from the survey, looking at average founder salaries by a start-up\u2019s monthly revenue, age, experience and team size and provided a breakdown for Australia.<\/p>\n

 <\/p>\n

It found that Australian founders aged 31-40 paid themselves on average $US55,183 a year, slightly more than the global average of $US50,777.<\/p>\n

 <\/p>\n

But Australian founders aged 41-50, who make up 7% of Australia\u2019s founders, were paid on average $US112,500 a year, nearly twice the global average of $US60,456.<\/p>\n

 <\/p>\n

Australian founders aged 21-30, who make up 17% of founders, earn an average $US54,333 a year, while the global average is $US36,873.<\/p>\n

 <\/p>\n<\/p>\n

 <\/p>\n

The survey also broke down how much founders are paid compared with their previous start-up experience, with Australian founders who have had three previous ventures earning the highest average of their local peers at US$111,364 a year, while the global average at that level was $US58,779.<\/p>\n

 <\/p>\n

Australian founders on their first start-up were paid an average $US48,117 a year, while those with one previous start-up behind them were paid $US88,904 and two earlier start-ups $US100,000.<\/p>\n

 <\/p>\n<\/p>\n

 <\/p>\n

The survey also looked into salaries compared with monthly revenues and discovered that Australian founders were paid an average $US54,102 a year while revenues were still zero. Annual salaries fell to an average $US36,207 when revenues were $US1-$US1000 a month and fell again to $US35,313 when revenues were $US1000-$US10,000.<\/p>\n

 <\/p>\n

Salaries jumped to an average $US92,647 when revenues reached $US10,000-$100,000 a month, and further to an average $US155,000 when monthly revenue hit $US100,000-$US1 million.<\/p>\n

 <\/p>\n<\/p>\n

 <\/p>\n

\u201cMore revenue coming in means more money available to pay back out again without impacting the long-term sustainability of the company,\u201d Compass said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nearly three-quarters of Australia\u2019s start-up founders are aged between 31 and 40 and are paying themselves just over $US55,000 ($A62,700)<\/p>\n","protected":false},"author":2,"featured_media":59730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43553"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=43553"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59730"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}