Re:The boss who put everyone on 70K
by sytelus on Saturday February 29, 2020 @09:22PM
(#22454688)
Raising minimum wage is not same as paying equal wages to all (which is what this article describes). No one is trolling and comparison to Soviet experiment is close, if not exactly the same. Please read the article.
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I read the article. It pretty clearly states, many times, that 70k is the minimum wage, and says nothing about equal wages.
You obviously missed the core of the story. The title itself is "The boss who put everyone on 70K". The CEO took cut from $1M to $70K. At least two people resigned because of pay cuts to $70K.
Re:The boss who put everyone on 70K
by baobabKoodaa on Sunday March 01, 2020 @06:12AM
(#22456361)
This is incorrect. 70k is the minimum wage, and while Price may have reduced his own salary, he did not reduce anyone else's salary. Read the article.