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....
“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
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?
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.
AMEN!
I just told Mrs Gamecock about this post. Her reply? “Didn’t you say this was going to happen when the story first broke?”
These fellows just aren't being good socialists.
The company should be glad to get rid of them.
an idiot who will put himself out of business and thereby solve the problem, anyway
I don’t understand: Are we saying the government should force him not to do this? It’s his company, he can make his own decisions and succeed or fail on it. I am totally against the government interfering.
Lucas Price accused his brother of paying himself excessively and depriving Lucas of his shareholder rights, according to the Times. Lucas Price reportedly wants Gravity Payments to repurchase his shares and provide financial documents and records.
The lawsuit pits two brothers, the cofounders of Gravity Payments, against one another.
When Dan Price announced the new minimum wage at Gravity Payments, he also pledged to cut his own pay to $70,000 a year from about $1 million to help spread the wealth among his employees. The CEO also said the new wage plan would likely eat into up to 80% of the company’s forecasted $2.2 million profit this year.
Sounds like plan to screw his brother out of his minority shares, rendering them worthless, forcing him to sell, then going back to business as usual. JMO.
There is a parable in the Bible about the workers in the vineyard that received the same pay. It is illustrative of the lesson in play here.
The failure was predictable.