OP appears to be a anti-wage theft advocate, not a potential employee looking for legal advice, based on their post history.
this post was submitted on 07 Mar 2024
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Antiwork
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That's a paddlin'
So you work 20 days and get paid 15?
Nope : you work 20 days and get paid 5
My gut reaction is to say "that's blatantly illegal", but maybe local law is different... I'm pretty sure it's not legal in the US at the very least though
If a company needs byzantine rules around compensation, don't engage. This was a solved problem centuries ago through much more straightforward means, and these casino-like rules only favor the house.
On top of what others are saying, this text does not adequately describe the conditions of resignation and "if you leave". This is also clearly not legal copy which suggests it's not a part of any contract, or is at best paraphrasing the intent of an actual contract of dubious legal standing. Either way, a lawyer would probably have a field day with this.
Also, a resignation can be coerced by giving you a false choice, usually to the tune of "sign this or else". Combined with the "you didn't complete your grace period" language, they are more or less incentivized to do this to all but their top performers.
No it's not normal and it doean't look legal either
Forward this, along with any relevant contact information to your state's labor board, your state's Attorney General & the Federal Dept of Labor.
"At-will employment for me but not for thee", eh? Very cheeky.
Normal for some companies to enact policies that are batshit crazy? Yes.
Legal? Not a chance in hell.
Never had anything like that in the US.
:-D
It sounds like this job pays monthly, is that correct?
Does the "security deposit" take you below minimum wage for the month (or portion of the month if you start between the 2nd and the 10th)?
If you agree to it and it doesn't take you below minimum wage it might be legal depending on your location. If it goes below minimum wage and you're in the US I'm pretty sure it's illegal. Definitely if you go below federal minimum wage, but if you're somewhere with a higher minimum wage there could be exceptions to the local law this falls under.
It would get more complicated if you're an exempt salaried employee and this takes you below the level where you can be exempt but keeps you above minimum wage for 40hrs/week. They would have to make sure they're in compliance with regulations for hourly workers and I doubt they'd bother with that.
But, as others have said, unless you're desperate don't work for these assholes.