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by WrathOfJay
2596 days ago
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I think it's great that this company did this, but this article is a puff piece. There's no real data here. He just states that the `business tripled`. What does that actually mean? Did it triple in revenue? How did increasing the entry-level pay result in that? And how did your non-entry level employees handle the lowest wrung earning far closer to their own pay? How many executives decided that the freeze wasn't in their own best interest and left? You can't just sacrifice and redistribute and expect it to be all roses. The details matter, especially if you're trying to convince resistant minds that it's a good thing. |
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It's easy to forget how the lowest-paid in a company are often key people in having operations run smoothly. If they have trouble paying their bills, often on sick-leave, etc, it can have an impact on everyone else (causing delays, quality issues or security issues). Ideally, you invest in fixing both the technical and the underlying social issues.