Do startups pay well?

Yes, startups pay well. Successful startups pay high salaries to attract competitive talent that can bring a lot of benefits to their company. If a startup is venture-backed, it tends to have higher salaries than those that are not, simply because there is more money to use.

There are some startups that do not pay as well as traditional companies, and this depends on the type of startup and the funding of the startup. Some positions at startups tend to pay less as well, such as administration. Tech startups tend to pay higher salaries than their competitors.