PRIVATE EQUITY-BACKED
Technology, Product & Design Compensation Reports
We’re pleased to provide our most recent compensation report update. For this bi-annual release, we summarized offers accepted by technology leaders for the 12-month lookback period between July 1, 2022 and June 30, 2023. This report is inclusive of placements from PE-backed companies. The following charts present a comprehensive overview of:
Total annual cash compensation, inclusive of annual salary and incentive bonuses (sign-on bonuses are excluded)
Frequency of offers that include an annual bonus, and the percent the annual bonus represents of the annual salary
Frequency of offers that include a sign-on bonus, and the percent the sign-on bonus represents of the annual salary
The initial equity grant percentage (normally spread over a 4-year period) is based on company’s valuation or outstanding shares at time of placement
Questions? Please reach out to your recruiter for more specifics.
Note: Total cash compensation is comprised of annual salary and on-target bonuses, calculated on an annual basis. Sign-on and relocation bonuses are not included in total annual cash compensation totals. Outliers are omitted from Min/Max range lines but are included in mean and median calculations.
Note: Outliers are omitted from Min/Max range lines but are included in mean and median calculations.
Where we work and how we collaborate has been a moving target post-pandemic. Fatigue maintaining cultural cohesion, waning collaboration and less immersive onboarding in remote environments have underpinned a shift back toward office work. According to our recent survey on The Future of Tech Leadership, more than 1-in-3 companies in our study, now mandate 1-3 days/week ‘in the office’, and a net of 25% expect mandated time in the office to increase in the coming 12 months.
Candidates are similarly warming to return-to-office. Half of the tech leaders in our study said they would personally be open to roles requiring them to work in a different city multiple times per month. A net 40% said they are more open to multiple days/week in the office vs. 12 months ago.
