Remember Dan Price...that CEO who took a pay cut so he could pay all his employees a minimum annual wage of $70,000? Hereโs what happened next:
โSix years later after the decision that others said would destroy his business, Dan reports that revenue has tripled, the customer base has doubled, 70% of his employees have paid down debt, many bought homes for the first time, 401(k) contributions grew by 155% and turnover dropped in half. His business is now a Harvard Business School case study.โ
In his own words:
โ6 years ago today I raised my company's min annual salary to $70k. Fox News called me a socialist whose employees would be on bread lines.
Since then our revenue tripled, we're a Harvard Business School case study & our employees had a 10x boom in homes bought.
Always invest in people.โ
Courtesy of Craig Henley
@FactorOrigin@projectrav@akafaceUS Your last sentence is exactly how it should be, equal for all. People who are bing treated unfairly have the right to speak out about it, whether you like it or think its worth it or not.
A high school valedictorian was escorted out by security during a Broward School Board meeting after questioning why wealthy students were having their graduation ceremony at the Hard Rock venue, while students from middle-class backgrounds were assigned to the school gym.