Green Energy
- Remember, Count To 10 First. . .
Roll Call: Moran: Members Can’t Afford to Live Decently in D.C. Despite what constituents outside of Washington might think, members of Congress are underpaid, a House Legislative Branch appropriator suggested Thursday. Virginia Democrat James P. Moran...
- Scranton, Pennsylvania
Ye, gods! From this source, dated July 9, 2012: Pennsylvania city workers to take mayor to court over across-the-board minimum wage salaries Employees of a Pennsylvania city, who have all seen their salaries cut to minimum wage as the mayor grapples with...
- Bigger Than Bin Laden? Back To Reality
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- Limbaugh Bad, Bad Rush, Bad
So says That One. Let the ruling begin. "If you wanna play with us you can't be friends with him" said Rahm Adan W. H. Chief of Crap (oops, sorry, could resist,) The New York Post: PREZ ZINGS GOP FOE IN A $TIMULATING TALK By CHARLES HURT, BUREAU CHIEF...
- Crude Oil Charts Show A Systematic And A Programmed Rise In Oil Prices Since January
From Reliapundit at the Astute Bloggers: A BARREL OF CRUDE HAS GONE UP 50% SINCE JANUARY. NOTHING ELSE HAS. AND THE DOLLAR HAS OT GONE DOWN 50% IN RELATION TO ANY CURRENCY. SO WHY - WITH DEMAND FALLING - IS OIL BECOMING MORE EXPENSIVE?THE HUGE RUN-UP...
Green Energy
Reality is a cruel mistress
Seattle CEO Who Set Firm’s Minimum Wage To $70G Says He Has Hit Hard Times…
Via FOX NewsThe Seattle CEO who reaped a publicity bonanza when he boosted the salaries of his employees to a minimum of $70,000 a year says he has fallen on hard times.
Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.
Only three months ago Price was generating headlines—and accusations of being a socialist — when he announced the new salary minimum for all 120 employees at his Gravity Payments credit card processing firm. Price said he was doing it, and slashing his $1 million pay package to pay for it, to address the wealth gap.
“I’m working as hard as I ever worked to make it work,” he told the Times in a video that shows him sitting on a plastic bucket in the garage of his house. “I’m renting out my house right now to try and make ends meet myself.”
The Times article said Price’s decision ended up costing him a few customers and two of his “most valued” employees, who quit after newer employees ended up with bigger salary hikes than older ones.
“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,” Gravity financial manager Maisey McMaster, 26, told the paper.
She said when she talked to Price about it, he treated her as if she was being selfish and only thinking about herself.
“That really hurt me,” she said. “I was talking about not only me, but about everyone in my position.”
Approaching burnout, she quit.
Grant Moran, 29, also quit, saying the new pay-scale was disconcerting
“Now the people who were just clocking in and out were making the same as me,” he told the paper. “It shackles high performers to less motivated team members.”
Price said McMaster and Moran, or even critic Rush Limbaugh, the talk show host, were not wrong.
“There’s no perfect way to do this and no way to handle complex workplace issues that doesn’t have any downsides or trade-offs,” he said.
Keep reading
- Remember, Count To 10 First. . .
Roll Call: Moran: Members Can’t Afford to Live Decently in D.C. Despite what constituents outside of Washington might think, members of Congress are underpaid, a House Legislative Branch appropriator suggested Thursday. Virginia Democrat James P. Moran...
- Scranton, Pennsylvania
Ye, gods! From this source, dated July 9, 2012: Pennsylvania city workers to take mayor to court over across-the-board minimum wage salaries Employees of a Pennsylvania city, who have all seen their salaries cut to minimum wage as the mayor grapples with...
- Bigger Than Bin Laden? Back To Reality
Average Gas Price Poised To Hit$4 A Gallon This WeekWe’re closing in on that psychological price-pointThe psychological price-point of $4 a gallon is looming straight ahead, and will likely be hit before the end of the week, based on the rate of recent...
- Limbaugh Bad, Bad Rush, Bad
So says That One. Let the ruling begin. "If you wanna play with us you can't be friends with him" said Rahm Adan W. H. Chief of Crap (oops, sorry, could resist,) The New York Post: PREZ ZINGS GOP FOE IN A $TIMULATING TALK By CHARLES HURT, BUREAU CHIEF...
- Crude Oil Charts Show A Systematic And A Programmed Rise In Oil Prices Since January
From Reliapundit at the Astute Bloggers: A BARREL OF CRUDE HAS GONE UP 50% SINCE JANUARY. NOTHING ELSE HAS. AND THE DOLLAR HAS OT GONE DOWN 50% IN RELATION TO ANY CURRENCY. SO WHY - WITH DEMAND FALLING - IS OIL BECOMING MORE EXPENSIVE?THE HUGE RUN-UP...