Remember the CEO who raised salaries to $70k?

[boedicca]

It appears that The End for Gravity Payments is nearer than the Leftards think:


He hit headlines earlier this year for declaring every one of his 120 employees would earn a minimum wage of $70,000.

But now Dan Price - CEO of Seattle-based credit card processing firm Gravity Payments, who lowered his $1 million salary to better compensate employees - has fallen on hard times as a result of his bold move.

However the 31-year-old, who is renting out his house to keep the salary increases going, refuses to give up.

'I'm working as hard as I ever worked to make it work,' he told The New York Times.

'I haven’t made this little amount of money since I was in my early 20s.'...

...

Clients also left, worried the salary increases would cost them more in fees....

CEO Dan Price who set his firm s minimum wage to 70K hits hard times Daily Mail Online


[/i]

 

[boedicca]

And here is the money shot:

'We don’t have a margin of error to pay those legal fees,' Dan Price said.

 

[rdean]

You dont get it. Many of the workers left because they didnt think the company was going to be viable going forward because of his stupid policy. His policy ended up hurting workers, not helping them. You get that, right?

Because only in the Bizzarro World of Conservatopia does paying your workers more cause them harm.

Not only that, one of these right wingers quoted a disgruntled employee:

He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump

and totally believed it.

 

[PK1]

Yeah well that didnt work out quite like he wanted. Turns out you can't pay everyone the same because not everyone performs the same. Oops. Not like we didnt tell you. Now he has to rent out his house to make ends meet. Socialism fails 100% of the time. more at the source.
Remember the Seattle CEO Who Raised All Salaries to 70K Here s What Happened Next...


When Dan Price, founder and CEO of the Seattle-based credit-card-payment processing firm Gravity Payments, announced he was raising the company’s minimum salary to $70,000 a year, he was met with overwhelming enthusiasm.

“Everyone start[ed] screaming and cheering and just going crazy,” Price told Business Insider shortly after he broke the news in April.

But in the weeks since then, it’s become clear that not everyone is equally pleased. Among the critics? Some of Price’s own employees.

Maisey McMaster — once a big supporter of the plan — is one of the employees that quit. McMaster, 26, joined the company five years ago, eventually working her way up to financial manager. She put in long hours that “left little time for her husband and extended family,” The Times says, but she loved the “special culture” of the place.

But while she was initially on board, helping to calculate whether the company could afford to raise salaries so drastically (the plan is a minimum of $70,000 over the course of three years), McMaster later began to have doubts.

“He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump,” she told The Times. A fairer plan, she told the paper, would give newer employees smaller increases, along with the chance to earn a more substantial raise with more experience.

---
Your view is a glass half empty.
What a Con! Get a grip on your paranoia.

The glass is actually half full and getting fuller:
"Three months before the announcement, the firm had been adding 200 clients a month. In June, 350 signed up."

Your source is a Con job. Try this more balanced piece:
http://nytimes.com/2015/08/02/busin...-against-the-raise-that-roared.html?referrer=

Oh look. A new idiot.
From your own story, his brother filed suit and the company does not have money to pay all the anticipated legal bills. Most of the clients added would not become profitable for a year. The company will not survive and its employees will go from $70k/yr to $0k/yr. Which is what Democrats want.

---
So, you're an old idiot?
His brother was not in the business for years and had differences with Dan before the pay announcement.
How do you know the company will not survive? Looking at the glass half empty like a Con thinker?
If the growing company has financial problems, they can adjust, no?
They can lower salaries if necessary.
Did you think of that?

Thanks for admitting you're an idiot.
The company wont survive. The legal bills will kill it, along with his idiotic decision.
Only in Liberal-land can you laud someone for running his company into the ground and laying off all his workers.

---
Apparently, you cannot read and are making up crap to serve your agenda, hoping he fails. What s loser you are.

No one was laid off. He hired a dozen new employees to help with all those SMB clients signing up after his publicity.
A company that processed $6.5 billion in sales for 12,000 clients last year is not going out of business anytime soon no matter how much you want it to fail.

If you were smart enough to read, you would have noticed ...
Mario Zahariev, who runs Pop’s Pizza & Pasta, switched to Gravity after seeing Mr. Price on the news. When he learned his monthly processing fees would drop to $900 from $1,700, Mr. Zahariev decided, “I was not going to keep the difference for myself.” He used the savings to raise the salaries of his eight employees.

 

[The Rabbi]

Yeah well that didnt work out quite like he wanted. Turns out you can't pay everyone the same because not everyone performs the same. Oops. Not like we didnt tell you. Now he has to rent out his house to make ends meet. Socialism fails 100% of the time. more at the source.
Remember the Seattle CEO Who Raised All Salaries to 70K Here s What Happened Next...


When Dan Price, founder and CEO of the Seattle-based credit-card-payment processing firm Gravity Payments, announced he was raising the company’s minimum salary to $70,000 a year, he was met with overwhelming enthusiasm.

“Everyone start[ed] screaming and cheering and just going crazy,” Price told Business Insider shortly after he broke the news in April.

But in the weeks since then, it’s become clear that not everyone is equally pleased. Among the critics? Some of Price’s own employees.

Maisey McMaster — once a big supporter of the plan — is one of the employees that quit. McMaster, 26, joined the company five years ago, eventually working her way up to financial manager. She put in long hours that “left little time for her husband and extended family,” The Times says, but she loved the “special culture” of the place.

But while she was initially on board, helping to calculate whether the company could afford to raise salaries so drastically (the plan is a minimum of $70,000 over the course of three years), McMaster later began to have doubts.

“He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump,” she told The Times. A fairer plan, she told the paper, would give newer employees smaller increases, along with the chance to earn a more substantial raise with more experience.

---
Your view is a glass half empty.
What a Con! Get a grip on your paranoia.

The glass is actually half full and getting fuller:
"Three months before the announcement, the firm had been adding 200 clients a month. In June, 350 signed up."

Your source is a Con job. Try this more balanced piece:
http://nytimes.com/2015/08/02/busin...-against-the-raise-that-roared.html?referrer=

Oh look. A new idiot.
From your own story, his brother filed suit and the company does not have money to pay all the anticipated legal bills. Most of the clients added would not become profitable for a year. The company will not survive and its employees will go from $70k/yr to $0k/yr. Which is what Democrats want.

---
So, you're an old idiot?
His brother was not in the business for years and had differences with Dan before the pay announcement.
How do you know the company will not survive? Looking at the glass half empty like a Con thinker?
If the growing company has financial problems, they can adjust, no?
They can lower salaries if necessary.
Did you think of that?

Thanks for admitting you're an idiot.
The company wont survive. The legal bills will kill it, along with his idiotic decision.
Only in Liberal-land can you laud someone for running his company into the ground and laying off all his workers.

---
Apparently, you cannot read and are making up crap to serve your agenda, hoping he fails. What s loser you are.

No one was laid off. He hired a dozen new employees to help with all those SMB clients signing up after his publicity.
A company that processed $6.5 billion in sales for 12,000 clients last year is not going out of business anytime soon no matter how much you want it to fail.

If you were smart enough to read, you would have noticed ...
Mario Zahariev, who runs Pop’s Pizza & Pasta, switched to Gravity after seeing Mr. Price on the news. When he learned his monthly processing fees would drop to $900 from $1,700, Mr. Zahariev decided, “I was not going to keep the difference for myself.” He used the savings to raise the salaries of his eight employees.

Did I write he laid off anyone? No. You are the one who cannot read. So STFU.
It doesnt matter what their sales were. It matters how much money they net. I realize concepts like net profit and sales are amorphous to you because you've never dealt witha business before. But trust me, it matters.

 

[Dont Taz Me Bro]

You said: He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump

And you believe that?

Yes

Do you have evidence showing otherwise?

Do you have evidence the center of the moon isn't made from soft gooey cheese?

How can you believe something so inane?

Oh, that's an easy question to answer. I'm smarter than you are.

 

[asterism]

Clearly the man wasn't thinking wisely, so now he's paying the financial consequences. Is there any word on if he's going to continue using that failed system?

We already have an active thread about this. Your side lost.

Right.

Because it's just a game to you.

Oh? What is "it" to you in the politics section....where this clearly doesn't belong.

You seem to think politics is just a game where one side wins and one side loses. Reading through the OP, it just struck me how childish that is.

Well, liberals almost always win on social issuesso it isn't much in the way of competition. As soon as you folks on the right get serious about the contest and start treating the subjects and the competition with sober respect, I will be happy to engage. I fear those days of learned adversaries on USMB are over.

Case in point, HRC has experience in the Senate, as FLOTUS, and as SoS. These are facts. I would imagine that in the next 2 days, one of you blowhards will be reciting the "she's not qualified" billabong while insisting others with fewer credentials are.

Again, I hope for a serious back and fourth. But the heavyweights on the conservative side are either gone or hiding in their create-a-forum where you can't question one another.

I can't believe people think having sex with the President is a qualification. Of course they only say this about Hillary right now - not Laura Bush nor Nancy Reagan.

 

[PK1]

---
Your view is a glass half empty.
What a Con! Get a grip on your paranoia.

The glass is actually half full and getting fuller:
"Three months before the announcement, the firm had been adding 200 clients a month. In June, 350 signed up."

Your source is a Con job. Try this more balanced piece:
http://nytimes.com/2015/08/02/busin...-against-the-raise-that-roared.html?referrer=

Oh look. A new idiot.
From your own story, his brother filed suit and the company does not have money to pay all the anticipated legal bills. Most of the clients added would not become profitable for a year. The company will not survive and its employees will go from $70k/yr to $0k/yr. Which is what Democrats want.

---
So, you're an old idiot?
His brother was not in the business for years and had differences with Dan before the pay announcement.
How do you know the company will not survive? Looking at the glass half empty like a Con thinker?
If the growing company has financial problems, they can adjust, no?
They can lower salaries if necessary.
Did you think of that?

Thanks for admitting you're an idiot.
The company wont survive. The legal bills will kill it, along with his idiotic decision.
Only in Liberal-land can you laud someone for running his company into the ground and laying off all his workers.

---
Apparently, you cannot read and are making up crap to serve your agenda, hoping he fails. What s loser you are.

No one was laid off. He hired a dozen new employees to help with all those SMB clients signing up after his publicity.
A company that processed $6.5 billion in sales for 12,000 clients last year is not going out of business anytime soon no matter how much you want it to fail.

If you were smart enough to read, you would have noticed ...
Mario Zahariev, who runs Pop’s Pizza & Pasta, switched to Gravity after seeing Mr. Price on the news. When he learned his monthly processing fees would drop to $900 from $1,700, Mr. Zahariev decided, “I was not going to keep the difference for myself.” He used the savings to raise the salaries of his eight employees.

Did I write he laid off anyone? No. You are the one who cannot read. So STFU.
It doesnt matter what their sales were. It matters how much money they net. I realize concepts like net profit and sales are amorphous to you because you've never dealt witha business before. But trust me, it matters.

---
STFU?
Looks like you got anger issues, esp when you lose.
Making up more crap to support your agenda?

If you read Dan's original announcement, you would know he planned FINANCIALLY his salary raises to be within budget, including reducing his own million dollar salary.
His disgruntled brother may try to dent his plans, but he would be stupid to let their very successful company fail.

Dan is no dummy. He's won many business awards like The Entrepreneur of 2014 by Entrepreneur Magazine, beating out a field of 9 other finalists to take the top prize.
Gravity Payments CEO Dan Price named Entrepreneur of 2014 by Entrepreneur Magazine - GeekWire

 

[The Rabbi]

Oh look. A new idiot.
From your own story, his brother filed suit and the company does not have money to pay all the anticipated legal bills. Most of the clients added would not become profitable for a year. The company will not survive and its employees will go from $70k/yr to $0k/yr. Which is what Democrats want.

---
So, you're an old idiot?
His brother was not in the business for years and had differences with Dan before the pay announcement.
How do you know the company will not survive? Looking at the glass half empty like a Con thinker?
If the growing company has financial problems, they can adjust, no?
They can lower salaries if necessary.
Did you think of that?

Thanks for admitting you're an idiot.
The company wont survive. The legal bills will kill it, along with his idiotic decision.
Only in Liberal-land can you laud someone for running his company into the ground and laying off all his workers.

---
Apparently, you cannot read and are making up crap to serve your agenda, hoping he fails. What s loser you are.

No one was laid off. He hired a dozen new employees to help with all those SMB clients signing up after his publicity.
A company that processed $6.5 billion in sales for 12,000 clients last year is not going out of business anytime soon no matter how much you want it to fail.

If you were smart enough to read, you would have noticed ...
Mario Zahariev, who runs Pop’s Pizza & Pasta, switched to Gravity after seeing Mr. Price on the news. When he learned his monthly processing fees would drop to $900 from $1,700, Mr. Zahariev decided, “I was not going to keep the difference for myself.” He used the savings to raise the salaries of his eight employees.

Did I write he laid off anyone? No. You are the one who cannot read. So STFU.
It doesnt matter what their sales were. It matters how much money they net. I realize concepts like net profit and sales are amorphous to you because you've never dealt witha business before. But trust me, it matters.

---
STFU?
Looks like you got anger issues, esp when you lose.
Making up more crap to support your agenda?

If you read Dan's original announcement, you would know he planned FINANCIALLY his salary raises to be within budget, including reducing his own million dollar salary.
His disgruntled brother may try to dent his plans, but he would be stupid to let their very successful company fail.

Dan is no dummy. He's won many business awards like The Entrepreneur of 2014 by Entrepreneur Magazine, beating out a field of 9 other finalists to take the top prize.
Gravity Payments CEO Dan Price named Entrepreneur of 2014 by Entrepreneur Magazine - GeekWire

You havent "won" anything except a trip to Ignore, reserved for posters who constitute a total waste of time.

 

[PK1]

---
So, you're an old idiot?
His brother was not in the business for years and had differences with Dan before the pay announcement.
How do you know the company will not survive? Looking at the glass half empty like a Con thinker?
If the growing company has financial problems, they can adjust, no?
They can lower salaries if necessary.
Did you think of that?

Thanks for admitting you're an idiot.
The company wont survive. The legal bills will kill it, along with his idiotic decision.
Only in Liberal-land can you laud someone for running his company into the ground and laying off all his workers.

---
Apparently, you cannot read and are making up crap to serve your agenda, hoping he fails. What s loser you are.

No one was laid off. He hired a dozen new employees to help with all those SMB clients signing up after his publicity.
A company that processed $6.5 billion in sales for 12,000 clients last year is not going out of business anytime soon no matter how much you want it to fail.

If you were smart enough to read, you would have noticed ...
Mario Zahariev, who runs Pop’s Pizza & Pasta, switched to Gravity after seeing Mr. Price on the news. When he learned his monthly processing fees would drop to $900 from $1,700, Mr. Zahariev decided, “I was not going to keep the difference for myself.” He used the savings to raise the salaries of his eight employees.

Did I write he laid off anyone? No. You are the one who cannot read. So STFU.
It doesnt matter what their sales were. It matters how much money they net. I realize concepts like net profit and sales are amorphous to you because you've never dealt witha business before. But trust me, it matters.

---
STFU?
Looks like you got anger issues, esp when you lose.
Making up more crap to support your agenda?

If you read Dan's original announcement, you would know he planned FINANCIALLY his salary raises to be within budget, including reducing his own million dollar salary.
His disgruntled brother may try to dent his plans, but he would be stupid to let their very successful company fail.

Dan is no dummy. He's won many business awards like The Entrepreneur of 2014 by Entrepreneur Magazine, beating out a field of 9 other finalists to take the top prize.
Gravity Payments CEO Dan Price named Entrepreneur of 2014 by Entrepreneur Magazine - GeekWire

You havent "won" anything except a trip to Ignore, reserved for posters who constitute a total waste of time.

---
What a loser post that was.

 

[whitehall]

The useful idiots in the media gave Price's company a huge free promotional play when the CEO decided that everybody should be paid like an executive. Every socialist idiot declared it a new concept in the corporate world. It didn't take long for Prices's accountants to force him to look at the freaking books and sell his house.

 

[iamwhatiseem]

This idea obviously isn't going to work for businesses that have a significant amount of low-skilled or unskilled labor too, of course.

.

Exactly what I was thinking.
In my near 30 years working experience I can say that maybe, maybe 10% of the population both desire and are willing to put in the effort to succeed financially in whatever field they are in. Take away the financial incentive why the hell would anyone work any harder than just enough to not get fired?

 

[EriktheRed]

The Times story says that some good things have happened to Price's company, but the changes have been ... well, more unsettling than disastrous:

... a few customers, dismayed by what they viewed as a political statement, withdrew their business. Others, anticipating a fee increase -- despite repeated assurances to the contrary -- also left. While dozens of new clients, inspired by Mr. Price’s announcement, were signing up, those accounts will not start paying off for at least another year. To handle the flood, he has already had to hire a dozen additional employees -- now at a significantly higher cost -- and is struggling to figure out whether more are needed without knowing for certain how long the bonanza will last.

Two of Mr. Price’s most valued employees quit, spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises. Some friends and associates in Seattle’s close-knit entrepreneurial network were also piqued that Mr. Price’s action made them look stingy in front of their own employees.

Then potentially the worst blow of all: Less than two weeks after the announcement, Mr. Price’s older brother and Gravity co-founder, Lucas Price, citing longstanding differences, filed a lawsuit that potentially threatened the company’s very existence. With legal bills quickly mounting and most of his own paycheck and last year’s $2.2 million in profits plowed into the salary increases, Dan Price said, “We don’t have a margin of error to pay those legal fees.

The Fox story doesn't mention the influx of new business, which the Times calls a "bonanza."

[URL='http://nomoremister.blogspot.com/2015/08/run-it-through-foxometer-how-nuanced.html']RUN IT THROUGH THE FOXOMETER HOW A NUANCED STORY BECOMES A RIGHT-WING PARABLE[/url]

 

[auditor0007]

I'm enjoying how this PP thing is ripping the GOP apart. It's such sweet irony, to see their bestest plan backfiring on them. Half of the Republicans are hysterically screaming to defund PP, and the other half is getting cursed at by the crazies for not being totally insane.

While the democrats rip apart the babies

20,000 children will die today around the world that YOU can save.

If you were pro-life you'd be devoting your entire life to saving THOSE babies, whom you CAN save right now.

You don't because you don't believe in the sanctity of life.

We have two adopted children, your argument is moot. Oh....and until you step up, shut up

Doesn't matter, you let that many children die every single day. You are a world class hypocrite. And the thing is, you know it.

Idiots. Most employees aren't worth minimum wage. To pay some dumb shit (who is just looking to collect a paycheck and work as little as possible) the same amount you pay your best employees is just plain stupid. The guy deserves to go under.

Most employees are not worth minimum wage. Okay, you're a moron. While I would never suggest a company pay all of their employees close to the same amount, saying that most people are not worth minimum wage and suggesting companies hire dumb shits to work for them is just insulting to hard working people. The maintenance guy for a company may work his ass off and do a great job, but his job does not demand $70,000 per year. That does not make him a dumb shit, lazy, or undeserving of a respectable wage for the job he holds. This is why you guys fail so often. You can't be reasonable about anything.

A maintenance guy is not worth 70 grand a year?????? That's what I am and I make more then that

Depends on what kind of maintenance. If you

I'm enjoying how this PP thing is ripping the GOP apart. It's such sweet irony, to see their bestest plan backfiring on them. Half of the Republicans are hysterically screaming to defund PP, and the other half is getting cursed at by the crazies for not being totally insane.

While the democrats rip apart the babies

20,000 children will die today around the world that YOU can save.

If you were pro-life you'd be devoting your entire life to saving THOSE babies, whom you CAN save right now.

You don't because you don't believe in the sanctity of life.

We have two adopted children, your argument is moot. Oh....and until you step up, shut up

Doesn't matter, you let that many children die every single day. You are a world class hypocrite. And the thing is, you know it.

Idiots. Most employees aren't worth minimum wage. To pay some dumb shit (who is just looking to collect a paycheck and work as little as possible) the same amount you pay your best employees is just plain stupid. The guy deserves to go under.

Most employees are not worth minimum wage. Okay, you're a moron. While I would never suggest a company pay all of their employees close to the same amount, saying that most people are not worth minimum wage and suggesting companies hire dumb shits to work for them is just insulting to hard working people. The maintenance guy for a company may work his ass off and do a great job, but his job does not demand $70,000 per year. That does not make him a dumb shit, lazy, or undeserving of a respectable wage for the job he holds. This is why you guys fail so often. You can't be reasonable about anything.

A maintenance guy is not worth 70 grand a year?????? That's what I am and I make more then that

Let me rephrase what I said. Maybe I should have said a custodian who pretty much just cleans up the place and fixes minor problems. Something tells me that you may be certified as an electrician, a plumber, and /or have HVAC experience, or some other technical skills.

 

[Iceweasel]

---
Your view is a glass half empty.
What a Con! Get a grip on your paranoia.

The glass is actually half full and getting fuller:
"Three months before the announcement, the firm had been adding 200 clients a month. In June, 350 signed up."

Your source is Con job. Try this more balanced piece:
http://nytimes.com/2015/08/02/busin...-against-the-raise-that-roared.html?referrer=

Pop your head out of your ass for a second and explain this:

Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.

“I’m working as hard as I ever worked to make it work,” he told the Times in a video that shows him sitting on a plastic bucket in the garage of his house. “I’m renting out my house right now to try and make ends meet myself.”

---
Maybe you should pop your head out of your one-sided half-empty ass and read more than what a Con hatchet piece says.
Dan was prepared to live a frugal lifestyle for a few years before he made his big announcement.
Did you read my source?
"Dan Price, who estimated his current net worth, including his home, at about $3 million, said he had offered to “give up everything I have personally and everything I’ll have for years to come.”

You should pop you head out of your ass, like I said because if he has a huge ongoing expense(s) and is paying employees way more than they are worth in the marketplace, he's an ideological fool. And his business will likely not survive. It doesn't take long to wake up if your employees are doing better than you.

 

[EriktheRed]

Can't you just feel the conservatard love towards workers who, by the way, represent the vast majority of the population and are hopefully not stupid enough to vote against their own best interests.

If you bet on that changing anytime soon, you're sure to lose.

 

[EriktheRed]

Not like this guy was raised to be a big leftist, either:

If there was a 19th-century thinker Mr. Price drew inspiration from, it would be not Karl Marx, but Russell Conwell, the Baptist minister and Temple University founder, whose famed “Acres of Diamonds” speech fused Christianity and capitalism. “To make money honestly is to preach the Gospel,” Mr. Conwell exhorted his listeners. To get rich “is our Christian and godly duty.”

Growing up in rural southwestern Idaho, Mr. Price frequently listened to a recording of the speech on tape.

Every day he and his four brothers and one sister rose as early as 5 a.m. to recite a proverb, a psalm, a Gospel chapter and an excerpt from the Old and New Testaments. Home-schooled until he was 12 and taught to accept the Bible as the literal truth, Mr. Price also listened to the Rush Limbaugh show for three hours a day -- never imagining he would one day be the subject of a rant by the host.

http://www.nytimes.com/2015/08/02/b...h-backlash-against-the-raise-that-roared.html

 

[Dont Taz Me Bro]

You dont get it. Many of the workers left because they didnt think the company was going to be viable going forward because of his stupid policy. His policy ended up hurting workers, not helping them. You get that, right?

Because only in the Bizzarro World of Conservatopia does paying your workers more cause them harm.

Seattle is quite bizarre, so you may be on to something with that statement.

 

[SuperDemocrat]

Yeah well that didnt work out quite like he wanted. Turns out you can't pay everyone the same because not everyone performs the same. Oops. Not like we didnt tell you. Now he has to rent out his house to make ends meet. Socialism fails 100% of the time. more at the source.
Remember the Seattle CEO Who Raised All Salaries to 70K Here s What Happened Next...


When Dan Price, founder and CEO of the Seattle-based credit-card-payment processing firm Gravity Payments, announced he was raising the company’s minimum salary to $70,000 a year, he was met with overwhelming enthusiasm.

“Everyone start[ed] screaming and cheering and just going crazy,” Price told Business Insider shortly after he broke the news in April.

But in the weeks since then, it’s become clear that not everyone is equally pleased. Among the critics? Some of Price’s own employees.

Maisey McMaster — once a big supporter of the plan — is one of the employees that quit. McMaster, 26, joined the company five years ago, eventually working her way up to financial manager. She put in long hours that “left little time for her husband and extended family,” The Times says, but she loved the “special culture” of the place.

But while she was initially on board, helping to calculate whether the company could afford to raise salaries so drastically (the plan is a minimum of $70,000 over the course of three years), McMaster later began to have doubts.

“He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump,” she told The Times. A fairer plan, she told the paper, would give newer employees smaller increases, along with the chance to earn a more substantial raise with more experience.

I totally agree that merit should determine wages but I am sick and tired of working for bullshit pay In this country and being told by my employer that they can't afford to pay more when the company is having record profits. I think this guy should be praised for trying. He wasn't asking to raise min wage to 70k (something I would think is suicide for the poor) he was voluntarily doing it for his own company and no one else's. I think if I lived near Seattle I would apply immediately! Maybe, just maybe, companies might learn that when you pay people good money you may attract the best workers.

This is why people don't vote republican. They end up defending big business and attacking the little guy but what people fail to understand about capitalism is that it isn't defending business interest ahead of anyone else's but it is degending economic self-interest. It's not defending class interest but defending the individuals self-interest which includes business as well as workers. They end up opposing each other and only work together by voluntary agreement aka contract.

 

[Dont Taz Me Bro]

Not only that, one of these right wingers quoted a disgruntled employee:

He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump

and totally believed it.

Still waiting on your evidence that he lied