I never understood how little companies can become big...until recently when a few of housemates started to work for one. First, I hear all about the struggles of getting the investors on board and getting the money in...and then I hear about getting the right people on board and meeting the milestones, and then back to getting the investors and bla bla bla...it's just a vicious cycle that never ends. Conversations didn't end at 5pm; instead, long phone calls during dinner time, past dinner time, late night emails and early phone calls should be expected. It's almost like the sun never sets. But who cares if the sun never sets when you are the 'inventor', right? Right. But, what if you're not? The endless hours and sacrifices an employee puts in to the benefit of a startup, shouldn't they be compensated and treated fairly? Or is it fair for the employer to say 'oh hey, by the way, we don't have enough funds in the bank, we'll have to half your pay...and that is effective as of...today.'
Oh yes. This is true, and the best part of the story is yet to come.
So, being an employee who's true to his boss, my housemates worked tirelessly but only to find inconsistent pay by the end of the week, and a rather unrealistic expectation, in my opinion, from the boss. Now I call this unrealistic because one would normally expect 'half the pay, half the work'...just like you would go to any grocery store and get what you paid for. But no, not with this one. This one says 'half the pay, but not half the work'. They were also told that if work was not performed as required (i.e. 9-5 daily), then the half of the half pay will not be remunerated. Mind you, the half pay comes in as two deposits - one at the end of the week when the total amount is due, and the remaining the following week past due date.
So, with this, my housemates are basically getting paid lower than the minimum wage per week. And how are they surviving? I don't know...but I definitely had the shock of my life to see how startups unfold. Never have I encountered such company policy for the number of years I've worked in my life but one thing I do know for sure is if they don't ditch the psycho boss anytime soon, I will be looking for new housemates faster than I can say Jack Robinson. I personally think this is unfair; two highly skilled professionals shouldn't suffer for one's incompetence and perhaps insanity. But who am I to say, really?