Employees Don’t Just Need Salary: What Founders Should Learn from the Soham Parekh Meme Trend
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The recent viral saga of Soham Parekh accused of working multiple full-time jobs at once, has sparked a wave of memes, debates, and uncomfortable questions for startup founders everywhere.
While the internet crowned him the “CEO of Multitasking,” the underlying story exposes more than just loopholes in remote hiring. It highlights a deeper issue: why are talented employees driven to juggle multiple jobs in the first place? The answer often goes beyond money.
If founders want to build loyal, productive teams, it’s time to look past paychecks and rethink what employees truly need. Here are some lessons every founder should take to heart:
1. Timely Appreciation
“People work for money but go the extra mile for recognition, praise, and rewards.” — Dale Carnegie
Immediate, genuine appreciation for a job well done is a powerful motivator. Don’t wait for annual reviews recognize achievements in real time, both privately and publicly. This simple act boosts morale and signals that contributions are valued.
2. Team Activities
Regular team activities from casual lunches to collaborative workshops, help break monotony and foster camaraderie. These shared experiences build trust, reduce stress, and remind employees they’re part of something bigger than their individual roles.
3. Reward and Recognition
Beyond salaries, structured reward and recognition programs (like spot bonuses, awards, or even a handwritten note) activate the brain’s reward centers, increasing happiness and motivation. This leads to higher job satisfaction and lower attrition.
4. Team Bonding
Strong team bonds are the foundation of a resilient workplace. Encourage cross-functional projects, mentorship, and informal gatherings. When employees feel connected to their peers, they’re less likely to disengage or seek fulfillment elsewhere.
5. Let Them Know You Care
Employees want to feel seen as people, not just resources. Check in on their well-being, support their growth, and show empathy during tough times. A culture of care fosters loyalty and a sense of belonging.
The Soham Parekh trend is a wake-up call: If employees are only sticking around for the salary, they will always have one foot out the door. But when they feel appreciated, recognized, and genuinely cared for, they will go the extra mile for your company, not someone else’s.
Want to bring these elements together? Organize a team offsite. It’s the perfect way to combine appreciation, bonding, and fun in one memorable experience.