I've seen an organization that claimed to be a 'startup' and they expected their employees to work 60+ hour weeks. The salaries are pretty weak and no one has been offered equity yet. There have only been vague promises of "it will all be worth it in the end."
Isn't it usually standard for early startup employees to have some form of equity? Seems unreasonable to me for a company to ask so much from their employees without at least trying to guarantee some form of extra compensation.
Edit: To be clear...
I'm just trying to understand if there is a standard practice when it comes to equity in startups.
- It is normal and expected to get equity starting out
- It is NOT normal and expected to get equity
- There is no standard or expectation.
Thanks in advance.