Israeli startup entrepreneurs earn pittance from wages
Compass report on global compensation at young high-tech companies worldwide finds pay is low almost everywhere.
Israeli startup entrepreneurs may make millions of dollars and more when they sell their businesses, but while on salary building up their nascent companies they earn little − an average of $47,500 before taxes a year, or 13,800 shekels a month − according to a survey by the startup business research organization Compass. That is only about 50% more than the average salary in Israel.
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