I’m looking at switching companies and moving back into the startup world from a larger company. Everything looks good except the job offer heavily favours the company, particularly around limiting severance to ESA minimums plus four weeks, which is quite a lot lower than common law at my age and seniority.

I haven’t worked for a small company for awhile now. Is this common?

I’m based in Ontario/Canada.

Thanks.

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As a new hire coming from a larger company benefits will be lower across the board. usually this is balanced with equity. I would negotiate for a good deal looking at the long term if you believe the startup has serious potential and is well funded. Good Luck

You will need to be ready to work 12 hours a day, 7 days a week ( this is based on US experience. Canada may be different). You will also have to let go of silos and pitch in where help is required. That’s where you gain valuable experience. Salaries and benefits will not match that of a big company. The real payoff happens when the startup exits through acquisition or IPO. Negotiate the equity with that in mind. Also be aware that 90% of startups fail. So go in it if you are passionate about the problem they are trying to solve and get experience that you will not get in big companies. If you are going in for financial stability/security and match current comp , I would think again.

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