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by WrathOfJay 2596 days ago
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.
2 comments

It's a newspaper article, the aim is to raise awareness. People should read this and wonder if/how it applies to their company.

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.

With something this important, I'd expect something more substantial than the equivalent of "I stayed on this diet for a year and it worked! I shrunk by 1/3rd!"
Puff piece or not I don't get what you want from him? Scans of their IRS taxes? It's an article to show what they did, not a step by step manual, will every single detail. Now if he lied, he'd be called on it
How about something a little bit more than "it worked" and "business tripled". An analysis of contributing factors, maybe. There's so much bullshit in the media with people claiming things that are half-truths, or outright lies. It'd be nice for something like this to have some actual justification to support it. Warts and all.