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Company Testing Standardized Salaries Is Struggling

jmcbain writes: In April 2015, Dan Price, the CEO of online payments company Gravity Payments based in Seattle, announced that all employees would have their salary bumped up to a minimum $70,000. Slashdot covered this news. Since that time, however, things have not gone well. Some employees quit because they felt it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises. Furthermore, after reducing his own salary from $1M to $70K, Mr. Price is now renting a house 'to make ends meet'. On an unrelated note, Mr. Price's brother, who is a co-founder of the company, is suing him.

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  1. Re:Life imitating art? by HairyNevus · · Score: 1, Flamebait

    You'll have to elaborate if you want anyone to see your point. There's very few people who are both literary and masochistic enough to have read Atlas Shrugged (or anything by Ayn Rand).

    --
    You were critically hit for no damage. The bruise will look nice, and maybe the scars will make good party talk.