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A comment on The boss who put everyone on 70K. Parent comment

Re:The boss who put everyone on 70K by mperham on Friday February 28, 2020 @02:07PM (#22445369)
If you own a company, you keep whatever profit remains after expenses. Your salary can be $70k but your monthly or quarterly owner distribution can be much, much more.

Of course, if you are not profitable...

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Re:The boss who put everyone on 70K by appleiigs on Friday February 28, 2020 @02:44PM (#22445689)
> Of course, if you are not profitable...

Which it seems like it must not be due to owner renting out his house and crying at a new car. Maybe not profitable due to the salary expense?...

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Re:The boss who put everyone on 70K by volkk on Friday February 28, 2020 @02:18PM (#22445467)
true, good point. also Mike, thanks for sidekiq (amongst many other things) :)
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