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>The first things that the company stops paying for are ... health insurance, taxes and unemployment insurance (you may not care, but this is important to you a

>The first things that the company stops paying for are ... health insurance, taxes and unemployment insurance (you may not care, but this is important to you after you get laid off). My health insurance actually stopped a few months ago. I discovered it while I was in the dentist. > Paychecks are delayed, and a short time later, paychecks are issued on-time, but bounce when you try to deposit them. This is exactly what happened. > You might be asked to pay for things on your credit card that are actually company expenses I first felt very weird when my boss was unable to provide a company credit card for me to test our own credit card processor. He asked me to use mine. What you said in the last few paragraphs is definitely a wake up call for me. I am very surprised this is actually what's happening to me at the moment. Thanks a lot for your insight!

epoxyhockey 13y ago
I am very surprised this is actually what's happening to me at the moment. Keep your chin up, because it's not the end of the world. No one is immune to riding out a failing start-up; I've seen really bright and highly qualified engineers, who have just relocated their families to a new city, fall victim to a failing start-up. You have very marketable skills and will be able to find a new job faster than most people in other industries. Your CEO will beg you not to leave, and will have other employees guilt-trip you, but you need to figure out how long you want to go unpaid before leaving and stick to that threshold. The funny thing is that you may find yourself in this same situation with another company in the future. It's a common game that start-up CEOs play and the faster you catch on for next time, the more control you have over the continuity of your employment and income. I.e. don't be afraid to cash your last paycheck and quit the very next day, without 2 weeks notice.

epoxyhockey 13y ago

I am very surprised this is actually what's happening to me at the moment. Keep your chin up, because it's not the end of the world. No one is immune to riding out a failing start-up; I've seen really bright and highly qualified engineers, who have just relocated their families to a new city, fall victim to a failing start-up. You have very marketable skills and will be able to find a new job faster than most people in other industries. Your CEO will beg you not to leave, and will have other employees guilt-trip you, but you need to figure out how long you want to go unpaid before leaving and stick to that threshold. The funny thing is that you may find yourself in this same situation with another company in the future. It's a common game that start-up CEOs play and the faster you catch on for next time, the more control you have over the continuity of your employment and income. I.e. don't be afraid to cash your last paycheck and quit the very next day, without 2 weeks notice.