Nyriad Employee Reviews
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Nyriad started as a strong startup, filled with a shared passion among all of the employees and a sense of purpose in what we were working to create. Unfortunately it grew to fast and lost its identity. Work was being dished out under the assumption that people would work long hours to keep up, but as the company shifted from students to people with families of their own to look after, the attitude shifted to one focused more around a 9-5 job. This caused raised stress levels among everyone in the workplace as deadlines were constantly missed, and certain management decisions only worsened the issue. Sadly, I cannot recommend this company as a place of work unless you are highly passionate about the work they are doing.
low pay, stressful workload
Overview: Nyriad (Cambridge, NZ) is a tech startup of just over 100 staff (many are part-time students from University of Waikato) working on really ground-braking ideas. The engineers that comprise the company are a group of amazingly talented and capable individuals, struggling with limited resources, lack of expertise, and immense pressures. Work/Life Balance: The official workweek at Nyriad is currently Tuesday-Sunday (only Monday's off). On top of working 6 days a week, staff are expected to work long hours (many people average more than 60 hours per week). Part-time staff attempting to balance work with school often see a drop in academic performance and need to sacrifice weekends or evenings to meet the expectations of work. Salary/Benefits ($NZD as of this writing): Most staff are paid as "independent contractors" which means that New Zealand minimum wage rules may not apply. Interns are in the lowest pay bracket and can expect an annual salary of $12,000 per year (~$230 per week before GST). Salary scales up with Engineering level, with level-3s earning $42,000 per year, and level-5s earning $64,000 per year. Engineers below level-5 receive additional sprint bonuses on top of this base pay, where the amount is derived from the amount of work they accomplished during each 2-week period. Engineers at level-5+ may receive quarterly bonuses based on predetermined milestones met by their teams every 3 months, as well as a year-end annual bonus based on growth and performance. As a result, most contractors are left with limited predictability in their overall gross - more...
Free meals, Gym membership
6-day workweek (Monday's off), Long hours, Limited resources, Low pay
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