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Author: Subject: 'Gravity' CEO raises minimum salary to $70,000 - some employees RESENT their increases & quit!
Tea_Honey
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[*] posted on 8.1.2015 at 05:08 PM
'Gravity' CEO raises minimum salary to $70,000 - some employees RESENT their increases & quit!


Some guys have all the luck....

Gravity's CEO raised employee's wages to a MINIMUM of $70,000/year. At first everyone cheered. Later, some people had a change of heart and a couple quit as a result of.... the raise!

Amazing, yet thought-provoking article:


http://www.msn.com/en-us/money/companies/a-ceo-raised-his-companys-minimum-wa...




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Tea_Honey
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[*] posted on 8.3.2015 at 01:43 PM


Thoughtful and thought-provoking reasons to quit a job that GUARANTEES a minimum $70,000/yr.

An aside: Must be nice to be white. :whistle:




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Tea_Honey
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[*] posted on 8.3.2015 at 07:54 PM
I had to check:


Quote:

Price has promised that the funds for realizing the minimum wage increase will come from his annual salary, which he is reducing from $1 million to $70,000. The company will also need to allocate 75 to 80% of its annual $2.3 million profits to the cause.


http://www.forbes.com/sites/tomduening/2015/04/28/gravitys-70000-minimum-wage/



The company has 120 employees. Each and every one will make a minimum of $70,000/year. That means the receptionist and the janitor(?) will make $70,000/year.

Like I said - some guys have all the luck.... :smh: (for ME!) :steam:




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