[PANTERA] Blockchain Compensation Survey 2024

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Key Findings:

Remote Work Trends

In 2024, the blockchain industry remains predominantly remote (82%), with hybrid work stable at 11% and in-office roles increasing from 1.5% to 6%.

The rise of Stablecoins in Payroll

USDC (63%) and USDT (28.6%) dominate crypto payrolls, with USDC preferred due to its availability through major payroll providers, while non-stablecoin payments like SOL and ETH remain niche.

Education Levels and Salaries in Blockchain

Education Beyond a Bachelor’s Degree May Not Pay Off:

  • On average, professionals with a Master’s or Doctorate degree earn less than their peers with a Bachelor’s degree.
  • Average salary declines from $286,039 (Bachelor’s) to $214,359 (Master’s) and $226,858 (Doctorate).

Specialized Degrees Don’t Guarantee Higher Pay:

While doctorate holders have the highest median salary ($200,000), they represent a small sample size. For many roles, industry experience and technical skills may outweigh formal education credentials.

Compensation

For executive roles, salaries increase as companies mature. At the Seed stage, the average base salary is $146,579, with a median of $120,000. As companies move into Series A, salaries rise, with an average of $201,735 and a median of $200,000. In Series B, the average salary increases to $211,967, with the median reaching $225,000. By the Series C+ stage, executive compensation sees a significant jump, with an average of $274,427 and a median of $293,204, reflecting the higher financial stability and growth of later-stage companies.

Gender Pay in Crypto

On average, women make slightly more than men in crypto, with the exception of executive roles. By the median, women make more in Marketing, Operations, BD – but not in Engineering and Executive positions

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