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Topic:
OT ---Now that is a cool boss!
This thread has 122 replies. Displaying posts 46 through 60.
Post 46 made on Thursday April 16, 2015 at 15:20
Diskreet
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Well he's made it into the BBC news here in the UK.

Global publicity.
The Future's Bright, The Future's Controllable.
OP | Post 47 made on Thursday April 16, 2015 at 15:32
Mr. Stanley
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On April 16, 2015 at 14:06, BigPapa said...
If your salary is $1m and it is changed to $70k, by any measure that is a $930k pay cut. Any moron knows that.

And this owner is not 'paying everybody $70k.' He raised the minimum salary to $70k. As in, other employees may be able to make more than $70k. Even the biz owner, who said he'd raise his own wage back up in a year or two after they figure it out. One thing to figure out is pay equity for the higher earners now that the bottom is higher.

It's a mistake to assume that pay inequality has been removed. It hasn't.

Bingo!
"If it keeps up, man will atrophy all his limbs but the push-button finger."
Frank Lloyd Wright
Post 48 made on Thursday April 16, 2015 at 16:46
rmalbers
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On the oil thing: Warren Buffett said a couple of months ago, if you think very long term, sending fancy printed paper over to the Middle East in exchange for their oil, depleting their reserves, while keeping US oil in the ground (it's not going anywhere) is actually a real good deal!
Post 49 made on Thursday April 16, 2015 at 17:01
goldenzrule
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On April 16, 2015 at 14:06, BigPapa said...
If your salary is $1m and it is changed to $70k, by any measure that is a $930k pay cut. Any moron knows that.

And this owner is not 'paying everybody $70k.' He raised the minimum salary to $70k. As in, other employees may be able to make more than $70k. Even the biz owner, who said he'd raise his own wage back up in a year or two after they figure it out. One thing to figure out is pay equity for the higher earners now that the bottom is higher.

It's a mistake to assume that pay inequality has been removed. It hasn't.

Maybe so, but the article I read on this (before Bruce posted here) specifically stated that everyone was going to be at the same salary, not minimum will be $70,000. It could simply be have reported incorrectly, but I just went on what I read in that article.
Post 50 made on Thursday April 16, 2015 at 19:01
Mac Burks (39)
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On April 16, 2015 at 15:32, Mr. Stanley said...
Bingo!

Except... that isn't what you said you read in the original post.

A reminder below...........

On April 15, 2015 at 14:36, Mr. Stanley said...
...So on Monday he called everyone intro the conference room, and announced that he was reducing his salary to $70,000 annually, and that evverybody in the company would be paid $70,000 annually as well... even the lowest on the food chain guys were getting raises to $70,000!!!

"everybody in the company would be paid $70,000" is a whole lot different from the post that you bingoed.

A reminder below..........

On April 16, 2015 at 14:06, BigPapa said...
And this owner is not 'paying everybody $70k.' He raised the minimum salary to $70k. As in, other employees may be able to make more than $70k. Even the biz owner, who said he'd raise his own wage back up in a year or two after they figure it out. One thing to figure out is pay equity for the higher earners now that the bottom is higher.

On April 16, 2015 at 15:32, Mr. Stanley said...
Pretty cool, huh?

What is actually happening might turn out to be cool. What you said was happening in your original post...not so much.
Avid Stamp Collector - I really love 39 Cent Stamps
Post 51 made on Thursday April 16, 2015 at 19:42
BigPapa
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Damn you Bruce. Look at what you did. This is all your fault.
Post 52 made on Thursday April 16, 2015 at 20:29
Mac Burks (39)
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On April 16, 2015 at 19:42, BigPapa said...
Damn you Bruce. Look at what you did. This is all your fault.

Avid Stamp Collector - I really love 39 Cent Stamps
Post 53 made on Thursday April 16, 2015 at 20:40
davet2020
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I think that if the owner wants to give up a portion of his salary to raise the salary of lower paid workers is compenable and should make those workers very happy.

But, what about all the other workers who though they might make more than 70K resent that their pay is now similar to someone who has put in the extra hours in a more stressful and demanding job.

Years ago before starting my business I worked with a company that paired me with this one tech. Though he was 10 years older than me and had worked for the company for years he had no motivation. I was the lead tech and had to do all the talking to customers, do all the paperwork, drive the truck to every job while he slept between jobs. He did only what I told him to do.

Then one day when I found out that he was getting paid only $5 a week less I was I went ballistic.

Most people that are very successful work long hours and deal with stress. For that they expect to be rewarded. If not then I think that the workers who work harder and work between 50-60 hours a week are going to resent the other workers who just collect the check and don't care to work over 40 hours a week.
If you are going to do the job...why not do it the right way?
www.fairfaxavi.com
Post 54 made on Thursday April 16, 2015 at 21:45
BigPapa
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I can't tell if that's a flask or perfume. But I want some.
Post 55 made on Friday April 17, 2015 at 16:31
Trunk-Slammer -Supreme
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On April 16, 2015 at 21:45, BigPapa said...
I can't tell if that's a flask or perfume. But I want some.

In your case, it won't help.


Hard to cover the aroma of BS. :-)
OP | Post 56 made on Friday April 17, 2015 at 19:44
Mr. Stanley
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On April 16, 2015 at 19:01, Mac Burks (39) said...
Except... that isn't what you said you read in the original post.

Please accept my heartfelt apology.


A reminder below...........

"everybody in the company would be paid $70,000" is a whole lot different from the post that you bingoed.

I was jsut reporting on what my local news commentator said origionally.


A reminder below..........

What is actually happening might turn out to be cool. What you said was happening in your original post...not so much.

In what regard?
"If it keeps up, man will atrophy all his limbs but the push-button finger."
Frank Lloyd Wright
OP | Post 57 made on Friday April 17, 2015 at 19:47
Mr. Stanley
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On April 16, 2015 at 19:42, BigPapa said...
Damn you Bruce. Look at what you did. This is all your fault.

I guess so... excuuuuuuuuuuuuse me!


Lets disect his thing to pieces, examine every post and point fingers if something isnt 100% accurate.

F**k, go get laid or something. I just reported it as it was initially reported. What the hell is the big deal MAC?
"If it keeps up, man will atrophy all his limbs but the push-button finger."
Frank Lloyd Wright
Post 58 made on Friday April 17, 2015 at 20:08
BigPapa
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OP | Post 59 made on Friday April 17, 2015 at 20:22
Mr. Stanley
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All I'm trying to point out is that this CEO clearly seems to be operating with a social concience (something many of you cannot understand) Something in stark contrrast to greed-driven asset -stripping CEO's like John Donahue who is leaving
eBay with his $23,000,000.00 golden parachute.

Good night, beer & ganga time!
"If it keeps up, man will atrophy all his limbs but the push-button finger."
Frank Lloyd Wright
Post 60 made on Friday April 17, 2015 at 21:07
Mac Burks (39)
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On April 17, 2015 at 19:44, Mr. Stanley said...
Please accept my heartfelt apology.

No. You have to live with your shame.

I was jsut reporting on what my local news commentator said origionally.

I will leave that sentence for Ernie.

In what regard?

Just no.
Avid Stamp Collector - I really love 39 Cent Stamps
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