I’m looking forward to seeing how the “experiment” of the company where EVERYBODY makes 70k works out. How long before human nature takes over?
Apparently this company, name escapes me, has had “unlimited” paid vacation time...you take as many (or few) vacation days as you want. Guess what, many employees aren’t taking ANY vacay time—don’t want to be viewed as “not productive” “slacker” etc. What long impact will that have on their workforce.
Gravity Payments is the company. It will be interesting to see what happens.
And that’s funny - my company used to have unlimited paid time off, and it went away right before I started. I think someone abused it and they got rid of it. I think the only thing I miss from my old job is the vacation time (I had a lot, after 15 years there). I liked to use it to spend a few weeks with my Mom.
And yeah, my husband has his associates degree for a Chem Lab Tech, and he only made $12/hr. So, sure, $15 sounds pretty good - but then again - how many hours a week will you get? And won’t they dump the LOW SKILLED workers for better skilled people? Will you need a college degree to work fast food for that kind of pay?
I think Rush had it a bit wrong when he was discussing it yesterday. It isn’t that everyone will make the same wage, but instead everyone makes at least $70K; some were already making that and more when the CEO decided to make $70K the minimum wage.
And he’s reduced his own pay to $70K, which sounds noble but I have to wonder how that will work when he’s working 80 hour weeks as some CEOs do for the same meager salary he’s paying his file clerks.