A certain startup I worked at, the CEO would give out... gift cards. Occasionally, usually after someone was severely overworked. And I’m pretty certain he got them for free/cheap in the first place.
Of course, the real red flag was starting at $10/hr 1099’d (almost definitely illegally) and being told it’s more than most people start at. For software engineering. After a good interview. I was astounded and perplexed, but it was my first software job, I was a college dropout, and I was still living with my parents, so I took it anyways. But if I knew what I know now, just a few years later, I would’ve laughed in their faces. Oh well.
> the CEO would give out... gift cards. Occasionally, usually after someone was severely overworked. And I’m pretty certain he got them for free/cheap in the first place.
I've been there, and it wasn't even a startup. The company credit cards had 1% back, redeemable as gift cards. The owner/CEO insisted on paying as many vendors and contracts as possible via credit card to rack up the points. The stack of gift cards (for places he didn't like enough to keep the cards) became the de-facto office "perk me up", particularly after bouts of excessive overwork.
I don't mind gift cards. It's a bit tacky when you can tell they are Christmas leftover by the eGiftCard that is included with it expering back in Feburary, and it's June.
When I first started out as a software dev for an agency, I was offered $9/hr. I took it because it was more than the minimum wage I was making at my restaurant job.
After a few months they rewarded me for my hard work by giving me a raise of $1. At the time I was grateful but now I realize what an insult that was.
That was the only raise I received unfortunately. But once I realized that the work I was doing produced the same value as salaried employees, I learned to use leverage to negotiate better compensation. I haven't waited around for a raise ever since.
Get a competing job offer. Whatever they offer you, ask for a comparable raise of your current workplace. Be very explicit about it being non-negotiable. Whether to mention the competing job offer is a matter of taste; it helps prove you mean business, but it can damage trust. Either way: if they say no you leave.
This only works if, and because, you are ready to walk away. It's the easiest form of negotiating. But it does require you to actually be able to walk away!
This strategy works extremely well if you are actually underpaid, and if you are you might not need that offer at all: I once bluffed my way into a 16% raise that was issued on the spot.
This is not a success story - it only worked because I was an incredibly poor negotiator and signed on for at least 20% under my market value.
Of course, the real red flag was starting at $10/hr 1099’d (almost definitely illegally) and being told it’s more than most people start at. For software engineering. After a good interview. I was astounded and perplexed, but it was my first software job, I was a college dropout, and I was still living with my parents, so I took it anyways. But if I knew what I know now, just a few years later, I would’ve laughed in their faces. Oh well.