Remember the CEO who raised salaries to $70k?

[2aguy]

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.

No...we will tell the truth...she sucked at all those jobs and on top of that she is a criminal......and she is married to a serial rapist who she helped to protect....

 

[2aguy]

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.

And do you think this guys employees loved his idea to pay everyone 70 grand a year........do you think they were working against their own continued employment interests by supporting this concept......where do you think they will be employed in about a year...or less...probably not this company....and what do you think they will do if he changes the pay scale back to the way it was....you know....in order to save his business.....if it can be saved......

Do you think this story will get anymore coverage when he finally goes under?

 

[rdean]

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?

 

[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 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.”

 

[2aguy]

---
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.”

That is great.......good for him...he is now living his dream....and renting his home to strangers...good for him......

But don't use the power of the central government to make everyone else do the stupid thing this guy is doing.......that is the problem....you leftards see this and instead of letting people be.....you want to use guns to make everyone else do this insanity too.....

 

[The Rabbi]

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.

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?

 

[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.

 

[boedicca]

I suspect this $70K minimum salary thing was a maneuver in legal conflict with the cofounder-brother:

Lucas Price claims his brother excessively paid himself and deprived Lucas Price of his minority-shareholder benefits. According to media reports, Dan Price was paying himself nearly $1 million a year before announcing he would cut his pay to $70,000 to help Gravity raise the pay of its employees to $70,000 over the next three years.

Court documents show that among other remedies, Lucas Price is asking the court to order Gravity to repurchase his shares and to provide a complete accounting of its transactions, financial affairs and financial records.

In a separate filing, Dan Price denied all complaints brought against him and said Lucas Price did not raise any concerns about executive compensation or his ownership benefits as a Gravity Payments director....

Gravity Payments CEO who set 70K minimum pay sued by brother The Seattle Times

 

[2aguy]

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.

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?

No, they don't get it..........in their world the workers that left would have been arrested...and shipped to reeducation camps to learn that they must obey and follow left wing policies.........for their own good......and they would be seen as traitors to their class.....

 

[boedicca]

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.

What a whinger.

 

[Mr Natural]

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.

 

[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 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.”

That is great.......good for him...he is now living his dream....and renting his home to strangers...good for him......

But don't use the power of the central government to make everyone else do the stupid thing this guy is doing.......that is the problem....you leftards see this and instead of letting people be.....you want to use guns to make everyone else do this insanity too.....

---
You know me?
Don't categorize me without any merit; you make yourself look superficial and bigoted.
What the fuck do guns have to do with Gravity Payment's top boss?

I simply admire that guy; he is willing to sacrifice wealth he does not need to benefit the less fortunate, and in so doing he's making a statement about the growing problem of income inequality.
Jesus Christ, that's what Jesus would do!

 

[2aguy]

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.

No...paying more than you can afford causes them harm....you are about to see where that leads with this company....of course, being a lefty, you will think the companies problem is that they didn't pay more than 70grand........

 

[boedicca]

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.

It doesn't help workers if the pay structure causes the company to lose money and fire some or all of them.

 

[boedicca]

---
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.”

That is great.......good for him...he is now living his dream....and renting his home to strangers...good for him......

But don't use the power of the central government to make everyone else do the stupid thing this guy is doing.......that is the problem....you leftards see this and instead of letting people be.....you want to use guns to make everyone else do this insanity too.....

---
You know me?
Don't categorize me without any merit; you make yourself look superficial and bigoted.
What the fuck do guns have to do with Gravity Payment's top boss?

I simply admire that guy; he is willing to sacrifice wealth he does not need to benefit the less fortunate, and in so doing he's making a statement about the growing problem of income inequality.
Jesus Christ, that's what Jesus would do!

He didn't sacrifice anything. He paid himself $1M per year before the legal conflict with his brother. This is a self-serving maneuver. If he prevails in the lawsuit with his brother, he'll hack his pay up again (if the company surivies).

 

[2aguy]

---
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.”

That is great.......good for him...he is now living his dream....and renting his home to strangers...good for him......

But don't use the power of the central government to make everyone else do the stupid thing this guy is doing.......that is the problem....you leftards see this and instead of letting people be.....you want to use guns to make everyone else do this insanity too.....

---
You know me?
Don't categorize me without any merit; you make yourself look superficial and bigoted.
What the fuck do guns have to do with Gravity Payment's top boss?

I simply admire that guy; he is willing to sacrifice wealth he does not need to benefit the less fortunate, and in so doing he's making a statement about the growing problem of income inequality.
Jesus Christ, that's what Jesus would do!

When you make a law, you are telling people, obey this law or we will come with guns and arrest you....if the left passes a law mandating a certain wage, and you refuse to pay it...you will be arrested...that is where the guns come in...

Jesus.....he never ran a business, and never forced a business to do what he wanted.....he encouraged and taught but never used the Romans to force people to do things....

 

[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?

 

[Mr Natural]

A lesson for you job seekers out there from Conservatopia:

When interviewing, make sure you let the boss know in no uncertain terms that you demand least amount of money he's able to pay you because you want to keep that shitty job as long as he's willing to pay you dirt or until some other low self esteem right wing asshole comes along and demands less.

 

[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.

 

[The Rabbi]

A lesson for you job seekers out there from Conservatopia:

When interviewing, make sure you let the boss know in no uncertain terms that you demand least amount of money he's able to pay you because you want to keep that shitty job as long as he's willing to pay you dirt or until some other low self esteem right wing asshole comes along and demands less.

Let me guess: You've never interviewed for a job, right?