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New Tech Firm owes wages


2112
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Invisimail/e-habitant did the same thing back in the day. 

The main difference was that the paper wasn't allowed to run the story. 

Maybe the DTI had more clout than the modern day DED? Or maybe Fozard convinced them? 

Anyway, I'm sure there were lessons learned. Time to rename the department and move on.

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8 hours ago, Mr Shoe said:

Invisimail/e-habitant did the same thing back in the day. 

The main difference was that the paper wasn't allowed to run the story. 

Maybe the DTI had more clout than the modern day DED? Or maybe Fozard convinced them? 

Anyway, I'm sure there were lessons learned. Time to rename the department and move on.

They must have signed up via the new Island incubator programme 

https://shitstarter998543058.wordpress.com

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Stories like this only serve to make it even more difficult for IT start ups here. Even if budding employers can arrange contracts with firms, recruitment is a major problem here, salaries required are usually way above average and customer payments can be months behind.

You need to be a millionaire if you want to become a millionaire IT employer.

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10 hours ago, Mr Shoe said:

Invisimail/e-habitant did the same thing back in the day. 

The main difference was that the paper wasn't allowed to run the story. 

Maybe the DTI had more clout than the modern day DED? Or maybe Fozard convinced them? 

Anyway, I'm sure there were lessons learned. Time to rename the department and move on.

One Steve Christian heavily involved in this too.....

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2 hours ago, Albert Tatlock said:

Stories like this only serve to make it even more difficult for IT start ups here. Even if budding employers can arrange contracts with firms, recruitment is a major problem here, salaries required are usually way above average and customer payments can be months behind.

You need to be a millionaire if you want to become a millionaire IT employer.

Going to disagree on the Salaries and Customer Payments, Salaries for roles here are not high compared with London, Home Counties and the M4 corridor, Cambridge, Leeds and many other locations popular for IT startups. Nor are customer payments to SMEs / startups particularly slow (or risky) compared with the UK.  

Recruitment though is a real issue, everyone seems to want ready made IT staff instead of being prepared to grow some of their own, and few firms seem to be prepared to pay a premium for real talent. An acquaintance who owns a local software firm supplying UK customers recently described the island as a career dead-end for IT professionals, and looking at the many genuinely talented IT folk who have left the island due to lack of opportunities I'd have to agree with him.

It's a complex issue, but folk can and do succeed in creating profitable IT businesses here. One clear common denominator though is that they're in it for the long haul - anyone planning to be revenue positive in the first few months is living a fantasy.  

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I agree with the salaries statement, and the fact that big companies are wanting ready made staff.  The big problem over here is if you are not a big company and can't offer offices with built in gyms, their own coffee bars, and free meals, you train staff up and pretty soon they are snaffled by the bigger companies who while they are not offering substantially higher wages offer much better working conditions. This continually having to train up staff is very costly in terms of lost revenue and is pretty demoralising.

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  • 1 month later...
5 hours ago, 2112 said:

http://www.iomtoday.co.im/article.cfm?id=42962&headline=In today's Manx Independent: Look who wants to move in with KFC&sectionIs=NEWS&searchyear=2018

The workers who weren’t paid by a new start up tech company on the island have been awarded damages by an Industrial Tribunal. Let’s see if the company pays out. 

They won’t have any assets anyway so likely futile. 

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MHKs have not got time for this stuff they are fully occupied with water wheels, seagulls, goats and adopting Syrians.   Meanwhile the hossy is one million quid in the red, up to July, the eye clinic is to be congratulated for reducing the waiting time from two years to thirteen months, if you travel towards the sea terminal around eight in the morning you could end up on the boat, Beecroft has broken every record known to man and woman asking twenty nine questions, about one subject, at one sitting, Ronaldo has had a Mini breakdown, tears an all yessir, because he pulled some Spanish guys hair and got a red card.    Who says life is dull.......

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