Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Why you don't set the minimum wage to $70K
#21
(08-02-2015, 10:30 PM)gstanford Wrote: I don't know what you mean "it didn't even work for Gravity", it is still happening there and he has picked up new customers in the process too.

His brother is forcing him to do it tough at the moment, but he will come through.  He certainly hasn't failed yet despite your desperately wanting him too.

This isn't communism, no matter how much you want to paint it that way.  At the end of the day there will be people at Gravity earning more than 70K, Dan included.  It just makes the basement much more livable.

it did not work. Not at all. it is nothing like you and rollo think. You guys got this all wrong.

Oh, let me count the ways.

1) Gravity did set the minimum salary to 70K, just not today. Not this year, not even next year.......not even 2 yrs from now.
They plan (hope) to have the the minimum wage up to 70k by 2018 (dec 2017). Their wages will raise over time. 5k a yr.
Employees making less than $70,000 annually will receive a $5,000-per-year raise or be paid a minimum of $50,000, whichever is greater
So, people making under 50k will get a raise to 50k. The average salary there was already 48,000 a year!

2)It is not equal pay for everyone. They still have more valuable people that already make over 70k. One of the people that left was angry because they felt that their percentage on raise was not as good as the lower paid employees. Everyone got raises. The higher paid, higher skilled employees just didnt get double their income and that made a couple upset. See, the newer people got double their income overnight.

3) Also, this company is in Seattle, which you should also be aware, passed a law to raise the city's minimum wage to $15 per hour. So....everyone from McDonalds to walmart door greeters are gonna be paid at least $15 is Seattle, its the law. Companies have to raise the min. hourly pay significantly in Seattle and have 3yrs to implement this. That means in 3 yrs anyone can make 35-45k working anywhere, any bum on the street can walk into any place and will be making such wages. That is the law and companies have 3yrs to comply, they know that is coming and have to deal with it. If you know lowest full time pay in the city will be 32-40k, you have to do something to try to keep the good employees and keep them happy.
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 1 Guest(s)