First Hire Calculator

Calculate your startup's readiness for its first employee based on runway, revenue, and workload.

Financial Information

Revenue & Cash
$/mo
$/mo
$
$

Last round valuation or estimated current value

Hire Details

Role & Salary

Software engineers, developers, technical leads

$/year
hrs/wk

Time founders spend weekly on tasks this hire could take over

Ready to Hire Score

Overall Assessment

Readiness Score

71/100

Consider hiring in 3 months

Runway after hire
25/35
Revenue vs Burn
18/25
Workload to delegate
18/25
Salary affordability
10/15

Runway Impact

Before vs After Hire

Current Runway

20 mo

After Hire

12 mo

Impact: -8 months (40% reduction)

Break-even Revenue

Revenue Needed to Sustain Hire

$20K/mo

You need to increase revenue by $10K/mo(100%) to break even on this hire.

Recommended Equity

Employee #1-5 Range

Equity Range

0.65% - 2.60%

4-year vesting with 1-year cliff

Low Range Value

$13K

High Range Value

$52K

Value based on $2.0M valuation

Equity value is notional until exit. Actual value depends on company performance and exit outcome.

Total Compensation

Annual Total Comp (Year 1)

$123K - $133K

Base Salary$120K/year
Equity Value (vested/year)$8K/year
Monthly Cost to Company$10K/mo

Key Insights

Good runway position - you have 12+ months after this hire.

Strong workload case - 20 hrs/week can be freed up for strategic work.

For a Engineering role, equity at 1.63% is competitive for employee #1-5.

This calculator provides general guidance based on industry benchmarks. Actual hiring decisions should consider your specific circumstances, market conditions, and legal requirements. Consult with HR and legal advisors for personalized guidance on compensation and equity grants.

Want to learn more?

Learn when to make your first hire, how much equity to offer early employees, and best practices for startup compensation with our comprehensive hiring guide.

Read the complete guide