Supra Insider
#39: How PM compensation has changed in the last two years | Peter Walker (Head of Insights @ Carta)
Jan 6, 2025
Peter Walker, Head of Insights at Carta, dives into the changing landscape of product management compensation. He reveals modest salary shifts and a decline in equity compensation since 2022. The conversation explores how AI is reshaping industry roles and altering hiring patterns. Peter also discusses the tricky terrain of equity exercise risks and why many employees hesitate to cash in on options. With insights on navigating the competitive job market, Walker's expertise sheds light on the future dynamics of the startup ecosystem.
50:53
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Quick takeaways
- Compensation trends for product managers show a slight salary increase in 2024, but a significant decline in equity value by 30%.
- The evolving startup hiring landscape indicates a preference for experienced hires over junior roles, raising concerns for entry-level opportunities.
Deep dives
AI's Impact on Engineering Roles
The discussion highlights that contrary to popular belief, AI is unlikely to replace engineering roles before affecting others. In fact, engineering has demonstrated strong hiring growth, with more engineers brought on board last year than in any of the previous six years. As the tools and technologies improve, the capability for engineers to expand their roles and adapt to new challenges also increases. This trend suggests that engineering jobs are becoming more resilient and essential within the startup ecosystem.
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