Rejoice - it's a new data day!
Every 6 months, we look back on all the trends and surprises in startup employee compensation and wrap it up with a beautiful bow.
Read our State of Startup Compensation, H2 2023 here
A smattering of highlights:
Startups on Carta hired about half as many new employees in 2023 as they did in 2022 (523K → 268K).
23% of all employees hired in 2022 did not make it to their 1-year work anniversaries. That's much higher than the 13% share that left under 1 year in the 2018 hire class.
Salaries nudged upwards from Sept 2023 to Jan 2024 but have stayed relatively flat since the end of 2022.
Equity packages stopped falling (finally) but have yet to turn upwards.
2023 was a rather grim year for startup comp - here's hoping for a U-turn in 2024.
Don't miss the downloadable PDF in the full report if you want the latest numbers on early company equity for employees, advisors, and board members! Or just reply to this email and I'll send it along.
Subscribe here if you're new to the Data Minute. Forwarding encouraged!
Peter Walker
DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2026 Carta. All rights reserved. Reproduction prohibited.
