AngelList Has a Minimum Wage Problem

In this day and age, job listing sites are a dime a dozen. From Monster to Indeed, LinkedIn to Reed, the internet is filled with places where would be job hunters can apply for the role of their dreams.

Another one of these examples is Angel.co. It’s a bit different from your typical job hunting site, since its a startup focused one that tries to put startup founders in contact with both employees and venture capitalists. It’s a huge deal in Silicon Valley, and one which is often posted about on Hacker News.

But the site also has a dark side, and it’s one that does a real disservice to its users. One which allows or even encourages companies to exploit them with impunity.

And that’s accepting job listings which pay far below what’s reasonable for the area or field.

For instance, in London you see jobs listed which pay less than £20,000 a year. Or just above it, at around £21–25,000 a year.

Of course, the USA side and the use of the euro symbol shows another issue, namely no attempt to verify the job is actually in the location the listing says it is

That’s ridiculous. It’s basically impossible to live on that kind of wage in that city, and it means anyone unlucky enough to be working for it is going to need to either share a flat with 20 others or be independently wealthy…