How much $ can you make working in web3?
🧵 👇
This thread is based on data from @Web3Career's website + a survey by @hiFramework.
Note: these are just averages, and there's a lot of variance in such numbers.
But these might be good ballpark figures that give you a sense of how much you can earn from working in web3.
Btw, if you're interested in working in web3, then join my talent collective.
If accepted, your profile will be sent to vetted web3 companies in my network, so that they can reach out to you.
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@hiFramework surveyed 18 companies to see how much they're paying employees.
Here's what they found 👇
Founder Compensation
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• Early-stage Companies: $100k - $175k per year
• Later-stage Companies: $175k - $225k per year
Non-token equity:
• Early-stage companies: 80% owned by founders
• Later-stage companies: 20-50% owned by founders
Non-Founder Executive Compensation
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• Early-stage companies: $120K - $160K per year
• Later-stage companies: $225K+ per year
Non-token equity:
• Early-stage companies: 1-4%
• Later-stage companies: 1-2%
Engineer compensation
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U.S.-based engineers: $125k - $160k (median $150k)
Global engineers: $100k-150k (median $125k)
Token equity: 0.1-0.4% of max token supply.
The highest-paid engineer surveyed was making $300k (not including bonuses)
Now let's look at what @Web3Career's data tells us. 👇
How much do Web3 Developers earn?
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Avg Salary: $100k - $140k per year
Variables: Location, Technology, Seniority & Years of Experience.
• Rust developers: $120k - $180k per year
• Lead developer: $140k - $200k per year
• North American developers: $120k - $200k per year
By Developer Type & Programming Language:
• Rust developers have the highest average salary: $120k per year
• Java developers have the lowest average salary: $67k per year
Here's the breakdown for developer salaries by specialty according to @Web3Career.
By Location:
• North American developers make the most: $120k per year on average
• Asian developers have the lowest salary: $50k per year on average
Here's the breakdown for developer salaries by location according to @Web3Career.
How much do non-tech workers get paid?
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Avg Salary: $80k - $117k per year.
The salary depends on the specialty, years of experience, location & seniority.
By Specialty:
• Product Managers have the highest average salary: $117k per year on average
• Social Media employees have the lowest salary: $56k per year on average
Here's the breakdown for non-tech worker salaries by specialty according to @Web3Career.
By location:
• Oceanian non-tech workers have the highest salary: $105k per year on average.
• African non-tech workers have the lowest salary: $22k per year on average.
Here's the breakdown for non-tech worker salaries by location according to @Web3Career.
These numbers come with some caveats:
• These are averages. They include part-time jobs.
• They include positions in countries all over the world.
$60k might not seem like an amazing salary in the US, but it's great if you're living in India.
If you’re just starting out and don’t have a ton of experience, skills, or credibility, you might make significantly less.
If you are an outlier or have a specialized skill, you can make A LOT more.
I've heard of smart contract devs who charge $150k+ for a 3-month project.
See the @Web3Career website for more details about these numbers: web3.career/web3-salaries
For reference, here's @hiFramework's survey of web3 startup salaries.
medium.com/@framework/navigating-web3-compensation-a-framework-report-1a053ba41767
In the next few days, I'll be sharing a comprehensive guide with EVERYTHING you need to know about working in web3.
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