Posted on 07/31/2015 3:44:29 PM PDT by Oldeconomybuyer
When Dan Price, 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.
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.
Two of the company's "most valued" members have left the company, "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."
Maisey McMaster — once a big supporter of the plan — is one of the employees that quit.
"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.
Grant Moran, 29, had similar concerns. While his own salary saw a bump he worried the new policy didn't reward work ethic. "Now the people who were just clocking in and out were making the same as me." "It shackles high performers to less motivated team members."
For his part, Price — who's also under fire from other local business owners and his brother, who says Price owes him money — stands by his plan, but doesn't begrudge his critics.
(Excerpt) Read more at businessinsider.com ...
Lol! This reads like sarcasm! Idiots.
Amen.
” and his brother, who says Price owes him money “
The price of having a liberal brother.
>>”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,”
Well duh...that’s what always happens with a minimum wage increase.
This happens a lot in IT. You stay at a job for 5 years and the new guys starting salary is the same as your salary. That was the old days, the salaries are pretty flat now.
DUH....
Job openings with good pay...That shouldn’t take long to fill.
“For the kingdom of heaven is like a landowner who went out early in the morning to hire workers for his vineyard. 2 He agreed to pay them a denarius[a] for the day and sent them into his vineyard.
3 “About nine in the morning he went out and saw others standing in the marketplace doing nothing. 4 He told them, ‘You also go and work in my vineyard, and I will pay you whatever is right.’ 5 So they went.
“He went out again about noon and about three in the afternoon and did the same thing. 6 About five in the afternoon he went out and found still others standing around. He asked them, ‘Why have you been standing here all day long doing nothing?’
7 “‘Because no one has hired us,’ they answered.
“He said to them, ‘You also go and work in my vineyard.’
8 “When evening came, the owner of the vineyard said to his foreman, ‘Call the workers and pay them their wages, beginning with the last ones hired and going on to the first.’
9 “The workers who were hired about five in the afternoon came and each received a denarius. 10 So when those came who were hired first, they expected to receive more. But each one of them also received a denarius. 11 When they received it, they began to grumble against the landowner. 12 ‘These who were hired last worked only one hour,’ they said, ‘and you have made them equal to us who have borne the burden of the work and the heat of the day.’
13 “But he answered one of them, ‘I am not being unfair to you, friend. Didn’t you agree to work for a denarius? 14 Take your pay and go. I want to give the one who was hired last the same as I gave you. 15 Don’t I have the right to do what I want with my own money? Or are you envious because I am generous?’
16 “So the last will be first, and the first will be last.”
~Matthew 20:1-16
If it is a private company he can do what ever he wants…even if it make no sense.
Something about this feels more like he is trying to screw someone out of monies owed and using “Charity” to make his point...
20 1-2 “God’s kingdom is like an estate manager who went out early in the morning to hire workers for his vineyard. They agreed on a wage of a dollar a day, and went to work.
3-5 “Later, about nine o’clock, the manager saw some other men hanging around the town square unemployed. He told them to go to work in his vineyard and he would pay them a fair wage. They went.
5-6 “He did the same thing at noon, and again at three o’clock. At five o’clock he went back and found still others standing around. He said, ‘Why are you standing around all day doing nothing?’
7 “They said, ‘Because no one hired us.’
“He told them to go to work in his vineyard.
8 “When the day’s work was over, the owner of the vineyard instructed his foreman, ‘Call the workers in and pay them their wages. Start with the last hired and go on to the first.’
9-12 “Those hired at five o’clock came up and were each given a dollar. When those who were hired first saw that, they assumed they would get far more. But they got the same, each of them one dollar. Taking the dollar, they groused angrily to the manager, ‘These last workers put in only one easy hour, and you just made them equal to us, who slaved all day under a scorching sun.’
13-15 “He replied to the one speaking for the rest, ‘Friend, I haven’t been unfair. We agreed on the wage of a dollar, didn’t we? So take it and go. I decided to give to the one who came last the same as you. Can’t I do what I want with my own money? Are you going to get stingy because I am generous?’
How is a CEO voluntarily raising his company’s pay socialism?
MONEY is the root of all Mob Rule by mobsters...
you know.. Socialism... i.e. democracy..
I’ve been in management for 20 years and nothing demoralized good employees more than them seeing other employees, who didn’t contribute as much as they, getting more or less equal compensation. Even worse, when you bring in new employees that start out making about as much as those who have been loyal to the company for years. You try to keep compensation confidential but somehow, word always gets out.
You won!
Materialism...
AMEN!
You try to keep compensation confidential but somehow, —
And that makes it worse!!!!
That is a Christ talking about our spiritual lives. We are all entitled to heaven should Christ be our Savior. A Billy Graham gets to heaven and the sinner that repents on his death bed gets to heaven.
As far and earthly cash, this is straight up communism.
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