Employer Fines Workers $10 Each Minute For Being Tardy to Meetings

Have you ever been late to a meeting and kind of slithered into a chair in the back of the room so no one would notice?

Well, if you’re an employee at venture capital firm Andreessen Horowitz, your tardiness isn’t unnoticed and in fact, you better be prepared to pay up.

That is, if you’re late by one minute to a meeting with entrepreneurs, you have to dole out $10. So if you’re doing the math, if you’re late by five minutes it will cost you $50.

As per a video on Fortune, co-founder Ben Horowitz explained, “When you’re an entrepreneur, you work around the clock, you visit venture capital firms and the very first thing that you get is you sit in the lobby for 45 minutes waiting for them.”

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