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Seattle CEO Who set Company Minimum Salary at $70k/yr Struggling

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posted on Aug, 2 2015 @ 09:43 AM
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a reply to: SubTruth



Progressive logic fails.......Progressive ideals fail......Progressives do not see the big picture because ideology blinds them.

Just like how the people who follow capitalist ideology are too blind to see that capitalism fails also. Capitalism only works when it is heavily regulated.




posted on Aug, 2 2015 @ 09:44 AM
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originally posted by: buster2010
a reply to: SubTruth



Progressive logic fails.......Progressive ideals fail......Progressives do not see the big picture because ideology blinds them.

Just like how the people who follow capitalist ideology are too blind to see that capitalism fails also. Capitalism only works when it is heavily regulated.


So, since we are so heavily regulated, your version of "capitalism" must be working now, right?



posted on Aug, 2 2015 @ 09:49 AM
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a reply to: burdman30ott6

Yepp, everyone gets a f*cking medal.

The glorious altruism of youth.

And the stupendous height of ignorance.



posted on Aug, 2 2015 @ 09:51 AM
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originally posted by: greencmp

originally posted by: buster2010
a reply to: SubTruth



Progressive logic fails.......Progressive ideals fail......Progressives do not see the big picture because ideology blinds them.

Just like how the people who follow capitalist ideology are too blind to see that capitalism fails also. Capitalism only works when it is heavily regulated.


So, since we are so heavily regulated, your version of "capitalism" must be working now, right?

You think we are heavily regulated?



posted on Aug, 2 2015 @ 10:05 AM
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originally posted by: Hefficide
After all, these people did not get a pay cut. They did not have anything taken away from them. At the end of the day they were in exactly the same position that afternoon as they had been when they walked into work. They lost nothing.


I am sure that some of the people that got increases had managers or department heads they reported to. As a manager myself I would be pretty pissed off if my direct reports made as much as me and did not have the same responsibilities, consequences or workload.



posted on Aug, 2 2015 @ 10:08 AM
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originally posted by: buster2010
Just like how the people who follow capitalist ideology are too blind to see that capitalism fails also. Capitalism only works when it is heavily regulated.


How does capitalism 'fail'? It is not a political system but a fundamental economic paradigm based on supply and demand. Are you saying supply and demand, a natural system that has been with us since our first society, has failed?



posted on Aug, 2 2015 @ 10:10 AM
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originally posted by: buster2010

originally posted by: greencmp

originally posted by: buster2010
a reply to: SubTruth



Progressive logic fails.......Progressive ideals fail......Progressives do not see the big picture because ideology blinds them.

Just like how the people who follow capitalist ideology are too blind to see that capitalism fails also. Capitalism only works when it is heavily regulated.


So, since we are so heavily regulated, your version of "capitalism" must be working now, right?

You think we are heavily regulated?


You think we aren't?




posted on Aug, 2 2015 @ 10:11 AM
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originally posted by: FyreByrd
If two employees felt entitled to more then they were receiving for their work then they probably never belonged at that company.


Huh? So people asking for an increase are bad? If you had people approach you for raise what would you tell them, 'take a hike?'. Valued employees earn increases and merit higher pay. It is obvious you have never run your own enterprise and if you did it would be bankrupt in short order.



posted on Aug, 2 2015 @ 10:23 AM
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a reply to: burdman30ott6

When everyone gets a trophy, it makes having a trophy meaningless.



posted on Aug, 2 2015 @ 10:30 AM
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originally posted by: beezzer
a reply to: burdman30ott6

When everyone gets a trophy, it makes having a trophy meaningless.


True but, the trophies don't have to be the same though. If only there were some way to determine the appropriate size of the trophies according to the value of the participants' contributions.

ETA: Probably should have ended with the wink

edit on 2-8-2015 by DenyObfuscation because: (no reason given)



posted on Aug, 2 2015 @ 10:39 AM
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a reply to: Puppylove

But wait.

If somebody "just working" is able to save money in a bank, that's Capitalism.

Full redistribution will not allow savings plans.




posted on Aug, 2 2015 @ 10:43 AM
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Employees who complain about the fact that they were already making way over the 70K threshold and had sour grapes about people who weren't getting higher pay raises than them probably don't belong in a company that has such a culture anyway.



posted on Aug, 2 2015 @ 10:45 AM
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originally posted by: infolurker
a reply to: burdman30ott6


Well, yeah.

Pay scrubs and high performers the same and watch how fast the high performers leave or start working at the level of the scrubs.


If the biggest motivation of the high performers is money, then you probably don't want them in your organization anyway.

Good riddance.



posted on Aug, 2 2015 @ 11:05 AM
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originally posted by: Puppylove
It prevents all the money from being funneled into off shore accounts where no one can get access to it, and keeps the economy honest.


That is becoming a thing of the past. It is extremely hard to hide money these days, but if they earn it who cares. The only reason they would do that is to avoid taxes and if they do that let the Government come down hard on them. Seems you want to fix something here in a really round about way instead of saying catch them and put them in jail.



It also prevents a company from doing really well while keeping the wages the same, it also makes it so that if the company does poorly the employees feel the repercussions in real time. The employees become an active part of the company when it does both good and bad. It does so daily, not in some vague way that only pays out if they live long enough to retire.


Companies are all about stocks... So employees buy stocks with the company putting in some too such as you put in 8% of your pay check and the company adds 4% of your pay check...end of story



Oh and that 6 cents spread out amongst millions of people and put back into the economy is better than that six cents combined into millions and put into an off shore account and forgotten, never stimulating the economy at all.


Actually it is 180k... This statement above scares me... IT IS THEIR MONEY, let them store it in off shore accounts...lol How does a flat tax sound where everyone who makes even 1 dollar pays 8% in flat federal tax?



I'm not saying to eliminate better pay, I'm saying to make things regulated by profit and percentages.


It is, you just have different numbers...



Workers should not be treated as a resource like a pallet of fabric, we should be treated as contributors to the companies profit margin, succeeding and failing with the company for the work we invest same as the people that run the company do. We all are the whole reason the company fails or succeeds together. I'm not saying equal contribution nor payout, but the pay the employee gets should be linked to the companies success, not whatever number the employer can get away with paying regardless of how successful the company gets.


Mine is, everyone in my company gets a bonus if we do good. The problem is you can't just constantly adjust pay to how the company does. This year I'm going to pay you 25 bucks an hour since we are doing great, next year 8 bucks an hour...lol really? You pay someone 25 this year and you lower it next and they will quit in a second...human nature.

I rarely see pay go down, so when you offer an amount it is somewhat written in stone. When I was a young manager I had team members that made more money than me. They were hired as managers and didn't do so well so were moved to a different job, such as on my team...THEY KEPT THEIR SAME PAY, that is the way it is. Most places have a pay range of 80% to 125% or so and they will only lower pay if the new position top range is lower than what your pay is now, otherwise it is extremely hard to lower pay once set.

When you hire you offer a wage and that wage is paid in good or bad times when done right. When done wrong you get layoffs, pay reductions etc. It is a very tight rope you walk on between too much pay or not enough pay, same as too many workers or not enough workers. Either direction has repercussions.



On the same token, an employee should not expect to get paid more than the companies profits allow for.


One other thing...The type of job has different repercussions to the company and so have different value to the company. Lets say you get hired to be security and your job is to drive around 8 hours per day checking up on things. You work 40 hours per week have no stress, little need to perform or show productivity other than show up to work on time and drive around. How much should this job be paid?




edit on 2-8-2015 by Xtrozero because: (no reason given)



posted on Aug, 2 2015 @ 11:24 AM
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originally posted by: babybunnies
Employees who complain about the fact that they were already making way over the 70K threshold and had sour grapes about people who weren't getting higher pay raises than them probably don't belong in a company that has such a culture anyway.


How about you make 72k with all the responsibility for your team's success or failure riding on your shoulders week in and week out and all of a sudden everyone on your team now makes 70k with no responsibilities past coming to work on time and not being drunk or high while doing a full day of work?

I don't think it is so much the 70k raise as much as how little value now seems to be viewed by leadership in the efforts of the manager.



posted on Aug, 2 2015 @ 11:48 AM
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Poor guy tries to do something good and this is what he gets.
Hope he finds another two qualified workers soon to replace the two he lost(I'm sure he will.)



posted on Aug, 2 2015 @ 11:59 AM
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originally posted by: EasyPleaseMe
a reply to: burdman30ott6
So the only real way the hard workers were affected was to get a raise, even if only a small one. Sounds like a reason to quit to me!

If you feel you are receiving adequate compensation for your work, why should you care what others earn?


OK, let's say the daily quota is 3 widgets and everyone is supposed to produce equivalent to that. Some people bust their butts and actually manage to produce more, maybe even up to 5 widgets. With merit pay, they generally get paid more than the base to reflect their extra effort.

Then you have the slackers, the ones who understand that there are those who produce that extra so they can maybe slide by with only 2 1/2 widgets or 2 3/4 or barely 3. They get paid base.

By giving everyone a raise across the board, you wipe out the recognition for all the hard work the extra achievers have been doing. See socialism and labor unions.



posted on Aug, 2 2015 @ 11:59 AM
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originally posted by: Sremmos80
a reply to: burdman30ott6

Well 70k is well above a living wage.

That is what people are talking about.



He raised it to that level in response to a study that said that amount made people "happy."



posted on Aug, 2 2015 @ 01:06 PM
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originally posted by: DenyObfuscation

originally posted by: beezzer
a reply to: burdman30ott6

When everyone gets a trophy, it makes having a trophy meaningless.


True but, the trophies don't have to be the same though. If only there were some way to determine the appropriate size of the trophies according to the value of the participants' contributions.

ETA: Probably should have ended with the wink


Then someone would complain because my trophy was bigger than theirs.

They would claim micro-aggression, unfair trophy size allotment, and call for trophy justice and trophy equality.


Basically, this all comes down to equal outcomes instead of just equal opportunities.



posted on Aug, 2 2015 @ 01:25 PM
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a reply to: burdman30ott6



Now Mr. Price says the decision has cost him a few customers...


Why would the decision to pay his employees more effect his customers?



and two of his “most valued” employees, who quit after newer, less skilled employees ended up with bigger salary hikes than those who had been working longer for the company.


Looks to me like that defines vanity and self-centeredness perfectly.
edit on 8/2/2015 by EternalSolace because: (no reason given)



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