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We're starting a new company, hiring 2 developers and paying ~$50k, ~2-4% equity (4yr vesting), and providing health/dental via AdminiStaff. However, we're based in Austin so that's closer to ~$70-80k along west coast. As founder, I'll be taking a salary around ~$30k unless we receive our full ask.

I suppose it's also worth clarifying that this is an angel round to build the prototype, 9-12 month runway. Salaries will go up if all goes well of course.



AminiStaff -- thumbs up or thumbs down? Can you share what you're paying on health/dental per employee? Thanks for the info.


I can not share because I don't exactly know, at least not yet because we're still finalizing the last details. I want to say it's about $12k +/- 2k per year per employee. We're getting grandfathered in because our investor currently has a startup using their services. It's my understanding AdminiStaff doesn't support companies under 10 employees.

At the previous startup I was involved with as a normal employee, we used AdminiStaff and I thought it was pretty nice. It saves a ton of headache/time, and they keep you in check with all the employment laws, etc. I thought the health/dental coverage was really good too; I picked United but you get a few options to select from. I've been told AdminiStaff can get great coverage for a lot cheaper because of their size, but I'm sure you'll pay a premium overall vs. doing all the HR work yourself.

One thing I did like is after the startup failed, I was able to access all of my employment records for the IRS without having to jump through the invisible hoop of locating our former office manager (who we fired many months before the company closed).

So thumbs up from my experience thus far, I'm sure you can google around and find complaints though. Hope that helps.


Thanks!




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