04-15-2015, 10:04 PM
rgG wrote:
I still just see this as a "nice guy" act and nothing more.
What if your father owned a business and paid all his employees, who happened to be his kids or relatives, at least 70K a year, would that make their jobs actually worth 70K a year, or would it just be a nice thing for him to do, for his family? I see this guy treating his employees like his family, which is cool and all, but it probably won't help them get a like paying job, if they ever decide to leave and work for a business that is run like a business.
If he wants to make this more of a communal business where he shares his wealth with his employees, there is no one going to tell him he can't, but I don't see other places making 70K the minimum salary.
Also, if 70K is the magic number, and he is cutting his pay to that, not saying that is his full compensation because we don't know, how is it going to make those other employees that make more than 70K look? Does it make them look greedy or something?
He said his salary will return to 1 mil as that's what it would take to hire someone to replace him.