On April 15, 2015 at 17:00, Lowhz said...
The thing to remember is that if he's paying $70k then everybody there needs to be worth $70k. If the "think people" there with MBAs believe they're worth more they can take their resumes down the street to Amazon or across the lake to Microsoft where they can certainly get twice that salary, but it will come at the expense of work-life balance.
I think it's a nice idea and ultimately he'll have a company filled with $70k employees.
+1
Yeah, the lowest paid people were making $38,000 a year. We are not talking minimum wage guys getting jacked up to $70K.
I agree with you Lowz... $70K aint that much in these parts when the starting salary at M-soft is close to $100,000 and Amazon pays very well too.
Credit card processing has to be boring as hell, and I'll bet a lot of these guys could go to Amazon, Google, Facebook, Big Fish, F5 or any of the other companies in town and make as much or more.