[FLUX-YOU]

>It would be safe to say that those two people didn't quit because other employees got a raise. It was probably due to the fact that their contributions didn't hold the same value anymore.

The linked NYT article in the posted article says that the two that quit were two of the "most valued employees", which to me seems like people who were early hires or responsible for some/most the revenue (through tech/sales/whatever). If that's the case, they took the small/early business risks and when a pay off came, they got passed over. I would absolutely consider other opportunities if that happened to me and I was in a key position because it's likely I was under market value to begin with.

If you want to do this kind of thing, all of your early hires have to be on board with the eventual change or you just need to hire everyone at $70k minimum from the ground up. If not, it's reasonable to expect high performers to leave. Mr. Price either didn't know how those two felt or didn't care.

http://www.nytimes.com/2015/08/02/business/a-company-copes-w...