A Seattle business is experimenting with implementing a company-wide minimum wage of $70,000 a year.
Great idea! Oh, and good luck getting everyone to give a $70,000 minimum effort.
A Seattle business is experimenting with implementing a company-wide minimum wage of $70,000 a year.
Great idea! Oh, and good luck getting everyone to give a $70,000 minimum effort.
“Gods of the Copybook Headings…paging Gods of the Copybook Headings…Please use the white courtesy phone.”
120 employees at $70,000 a year minimum equals $8.4 million a year in salaries. Provided that no one makes over that amount, and don’t you just want to be in the contract negotiations for all the people making $75,000 a year right now? How much more must they be compensated to want to remain at their current position when they can just sort mail and get the same salary? Also will be interesting to see if they can make enough money to sustain this business model and also grow the company. Yep, should be interesting.
A “credit card processing company”? What exactly does he do? I believe the correct phrase is “next to nothing”. He’s a middle man taking money from people for doing basically nothing, isn’t that who liberals claim to hate?
His company doesn’t exactly celebrate diversity either: http://www.gravitypayments.com/wp-content/uploads/2014/09/gravity-payments-team.jpg
I don’t mind this, as the CEO CHOSE to do this to make his employees happy, and wasn’t forced to do it by the government (yay free market). Good luck in any of those employees quitting, or them hiring anyone else with this deal. Of course, this could also attract higher quality employees who nudge out the slackers. There’s that whole capitalism thing again.
A Russian space vessel named Progress will be crashing to earth due to gravity.
Up next: A company named Gravity will be brought crashing to earth due to Progress.
Of course, people also experimented with radium before they knew what they were doing.