Slashdot Mirror
Seattle CEO Cuts $1 Million Salary To $70K, Raises Employee Salaries
First time accepted submitter fluffernutter writes Dan Price started his company, Gravity Payments, out of university when he was 19. Now he is cutting his $1 million salary to $70,000 and promising to raise all his employees' salaries. Dan is quoted as saying he made the move because "I think this is just what everyone deserves."Good business practice? Silly boosterism? Enlightened self-interest?
I worked and worked and worked during high school, got perfect grades, completed college with two 2-year degrees in IT, applied to many different jobs, worked crappy jobs to have something to put on my resume, and at 24 I was hired as head IT manager at a 100 person company. I "deserve" the wage I get paid (well below $70,000 actually).
Some entitled, pro-union asshole doing semi-skilled that may or may not have graduated high school and has the job they do because of a criminal history does not deserve $70,000 per year. So all those assembly line/Taco Bell/Walmart people saying they want a "living wage" and $15/hr, maybe you shouldn't have fucked your life up. You made your bed, now sleep in it. If you want to "fix" your situation because you think you got your shit together now but no employer agrees, start your own business and get rich if you're right.