My Equity Grant is vesting over five years and I’m starting to think it’s just a clever way to keep me underpaid. The company uses the potential of the stock to justify a base salary that’s about 20% below market rate for a Director role. Every time I ask for a cash adjustment, they point to the millions I’ll have when we IPO, but I can’t pay for my kid’s college with potential wealth. Is it time for me to just start demanding a salary that actually reflects the current market?

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Nope. This is common for a company pre-IPO which has a genuine strategy to IPO. Measure the time scale for this. Does it suit your circumstances ? How will the company be measured and valued - does this tie in with an ambitious revenue opportunity. I've been with 3 startups that either IPO'd or did a private sale - all three netted me millions. All three offered ' competitive ' salaries with commissions but the IPO award was hundred of miles better

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