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After he made a half billion. Just like Gates and Buffet. A real sacrifice lol.Rich guy who loses nothing raises salaries. Yeah he's a real hero.
He cut his own salary from $1 million to $70K
That is a huge cut, 91%.
I work 3rd shift , I sleep around noon till 5pm
I work 3rd shift , I sleep around noon till 5pm
It's a very competitive field so we'll see if it lasts. If he's got that kind of profit he's been gouging the fuck out of his customers. I've gone through numerous merchant account providers and most of them were scamming scumbags. Most of the sales pitches are an outright lie.
The card companies charge the interest rates, and it's high because so many default. I pay mine off each month.I've wondered why that wasn't part of this narrative?It's a very competitive field so we'll see if it lasts. If he's got that kind of profit he's been gouging the fuck out of his customers. I've gone through numerous merchant account providers and most of them were scamming scumbags. Most of the sales pitches are an outright lie.
His company processes credit card transactions. What is the interest rates of those credit cards?
Could it be that he is part of the reason thousands of Americans file bankruptcy each month?
Rich guy who loses nothing raises salaries. Yeah he's a real hero.
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Real change is accomplished through the culture, not by mandate. Let's see how this goes, and let's see if it can spread.
This guy owns the company, and he knows that his equity in the company could very well expand massively with this publicity, so even if it doesn't work it will have been a shrewd marketing move. His personal salary is irrelevant compared to the value of his business. Smart move. Huge goodwill across the country now for his business, something advertising can't buy.
Little socioeconomic Petri dishes here and there, that's what states' rights are for. The potential problem is that now, a zillion people are going to think that a hamburger flipper is worth $70K, because they're absolutely ignorant of business economics and they're listening to people who are as well.
Should be fascinating to watch, smart move.
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Oh! You see my avatar and think you are seeing me! That's awesome!
Are you a fucking dog with an owner who can't take a good photo? Ya loser.
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Lame ass mod.
Those are studies?
People get raises because that's what keeps them there
Fuck you. You made the claim that a MW increase results in an inflationary cycle. I asked you to prove it. You can't or you would have. How grreat it would have been if you could have. But you can't. So stfu.
You are adding cost without increasing value through productivity. The value of the product doesn't increase, and the cost of making it does.
How does that NOT cause inflation?
Now this is doing the right thing, this is charity, this is what Jesus would do. Bu he had a choice,, again taxes is not charity
Seattle boss raises entire company s minimum wage to 70 000 Fox News
After hearing about a study that claimed income-- to a certain level-- directly affects one's emotional well-being, the founder of a Seattle-based credit card processing company announced Monday that he will take a large salary cut so he can increase the pay for each employee to at least $70,000 a year
Rich guy who loses nothing raises salaries. Yeah he's a real hero.
Do you mind if I call you Negative Nancy? You certainly are bitter.
Boss takes a pay cut to give his employee's a raise...yep, that's a real hero.
People get raises because that's what keeps them there
Fuck you. You made the claim that a MW increase results in an inflationary cycle. I asked you to prove it. You can't or you would have. How grreat it would have been if you could have. But you can't. So stfu.
You are adding cost without increasing value through productivity. The value of the product doesn't increase, and the cost of making it does.
How does that NOT cause inflation?
Without getting into the why's and wherefore's of whether or not the Founder/CEO is a liberal do-gooder or a scheming capitalist trying to add value to his company, please answer: If the Founder/CEO cuts his "salary" $930K then adds $930K to his employees salaries, how does your post make any sense?
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I can see it now. Massive conservative protest about this company.
Lets face it, if the company thrives and his employees are making good money and company is making good money, it makes you right wingers who HATE the idea of the boss making less so the employee can make more, it makes you all look like assholes.
Massive right wing protests are in order.
After he made a half billion. Just like Gates and Buffet. A real sacrifice lol.
After he made a half billion. Just like Gates and Buffet. A real sacrifice lol.
Why is it that you of the left can only focus on the fact that others have more, regardless of how much you get?
I dunno. I am not on the left. Do tell.After he made a half billion. Just like Gates and Buffet. A real sacrifice lol.
Why is it that you of the left can only focus on the fact that others have more, regardless of how much you get?