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CEO takes 90% pay cut to give workers huge pay increas

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Swenani		#1 Posted : Thursday, April 16, 2015 2:19:16 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		The lowest paid employee to get US % 70,000 p.a;To do that, he is taking a 90% paycut from his US $ 1 Million annual and dip into company's annual profits of US $ 2 M Aye,Guys from blue section, can you do this? Take 90% pay cut on the capital gains to make sure that your brokers and agents are well remunerated? Quote: Price, who heads up the Seattle payment processing firm Gravity Payments that he founded, has pledged to make sure all of his staffers make at least $70,000 annually in the next three years Quote: This will double the pay of about 30 of his workers and will mean significant raises for an additional 40. Quote: Price told employees of the new pay policy at a meeting Monday. For several moments there was stunned silence before people broke into applause and high fives said Phillip Akhavan, a merchants relations worker whose $43,000 salary immediately jumped 16% to $50,000 If Obiero did it, Who Am I?
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Swenani		#2 Posted : Monday, October 26, 2015 10:00:08 AM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		It's paying off, Revenue is now growing at double double If Obiero did it, Who Am I?
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Ash Ock		#3 Posted : Monday, October 26, 2015 1:00:19 PM
Rank: Member Joined: 8/27/2010 Posts: 495 Location: Nairobi		KQ could learn from this guy: Sent from my Black Nokia 3310
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Lolest!		#4 Posted : Monday, October 26, 2015 2:27:02 PM
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma		Swenani wrote: It's paying off, Revenue is now growing at double double The comments on that article...
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Pitt		#5 Posted : Thursday, November 05, 2015 9:15:38 AM
Rank: New-farer Joined: 9/21/2015 Posts: 18		This could only occur if the CEO is the founder of the company,since it will lead to high productivity> high returns,at the end the CEO still wins LIVE,LOVE,LIFE.
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Mseto binti		#6 Posted : Thursday, November 12, 2015 10:21:47 AM
Rank: Member Joined: 3/9/2012 Posts: 144		Which study did this guy refer to? I wonder if this can happen in Kenya? The MPIGS seem to be happiest with perks exceeding $100,000....am lost at the conclusions and theorys this guy has.... I found meaningful work🤓
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