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Unfortunately it is #2. I am underpaid by over 75%. The average on the team is under by about 30 - 50%... so not only am I underpaid I am underpaid quite a lot
by throwaway2016a 10y ago
Unfortunately it is #2. I am underpaid by over 75%. The average on the team is under by about 30 - 50%... so not only am I underpaid I am underpaid quite a lot more than others in the company. I do, however, have quite a bit more stock options.
And the CEO from what I understand went two years without a paycheck. But he is independently wealthy (I am not).
I stay for various personal reasons. Reasons that the other people on the team don't have.
And because 75% underpaid is still enough to support me and my family with a modest lifestyle.
- poikniok 10y agoHonestly this sounds terrible. From what you have said it seems fairly clear that you are being exploited by the CEO / others. And what does it even mean that the CEO (who presumably owns a large portion of the company) went without pay for two year when he is independently wealthy? You sound quite intelligent so just think about it, if he was paying himself a salary it would just be transferring money from his bank account to his bank account again, all while being taxed. The fact that this is used as a mitigating factor to argue that you are not getting screwed is absurd, for your sake I hope you go out to the marketplace and get paid what you deserve.
- throwaway2016a 10y agoThank you for your concern. I am well aware of the situation... I am actively considering options.