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A comment on CEO cuts his pay by almost $1M to give his employees big raises. Parent comment

Re:CEO cuts his pay by almost $1M to give his employees big ... by ryandrake on Thursday April 16, 2015 @12:06PM (#9388892)
Imagine if you were paid $500K/yr, but you knew it was the lowest salary paid to anyone in your company. How would that affect your morale? I know, personally, I would go home from work every night, absolutely thrilled at being the lowest paid person in my company :)
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Re:CEO cuts his pay by almost $1M to give his employees big ... by ukigumo on Thursday April 16, 2015 @12:45PM (#9389129)
As an employee, your compensation is always tied to your notion of self-worth, or so I believe. Granted that the 70k seems like a very good salary for most entry level and some of the mid-level positions at any company but I think that the perception would change over time.

Let's say you are a developer making 70k and you know the receptionist makes at least the same. Or imagine you were paid 5K/yr and you knew you were paid the same as the CEO. Would you be happy with that too?

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