60% of Startup New Hires Are Out-of-State

In the latest Startup Compensation report from Carta based on 3,000 venture-backed companies, 60% of new hires at startups are out-of-state. Thes ratio of in-state to out-of-state held steady since 2022 despite larger comapnies making vocal return-to-office policies. Remote workers are primarily concentrated in California, Massachusettes, New York, Washington, and Texas.

See also:

• Another sign of remote work permanence
• Share of remote job postings increased post pandemic
• Remote jobs rose to nearly 15 percent of all high-paying job listings