I am approaching the 1-year mark of working at a startup. The two founders brought me in as the #3 guy (we now have 3 more employees) but I was not given equity. We are privately funded through the end of next year.
I did receive a small pay raise six months ago. I am pretty sure I am the highest paid employee at the startup ($65k).
I do not have any equity nor a 401k, etc.. stock options have been promised but it has not been discussed recently.
What % of pay increase should I be asking for? Aside from performance, how else should I justify the raise?
If they say no or little raise, should I consider leaving?