[shoo]

> Roger Reynolds, a co-owner of a wealth management company, said his discussion of the pay plan with Mr. Price got heated. “My wife and I got so frustrated with him at a cocktail party, we literally left,” said Mr. Reynolds, who complained that Mr. Price unfairly accused him of measuring his self-worth solely in terms of money and trying to hold somebody else down. Everyone may have equal rights, but not equal talent or motivation, Mr. Reynolds said. “I think he’s trying to bring in some political and aspirational beliefs into the compensation structure of the workplace.”

Curious. The status quo is inherently political. There is already a heavy political stance built into the structures of the workplace.

(edit: see Jeff Schmidt's book Disciplined Minds)

[Spooky23]

Ironic that a wealth management advisor, who essentially peddles mutual funds and pats clients on the head in exchange for 2% of their wealth is concerned about paying for talent.

My grandfather owned a bar years ago. He paid the bartenders a good wage, way more than what he was required to by law. He did it because it kept good people around and reduced pilferage.

[pm24601]

Instead of complaining, Roger Reynolds should be peddling his services to Gravity Payments employees who can now afford his services.

[sopooneo]

So compared to his contemporaries, was your grandfather a better man, a more prudent man, or both?

[Spooky23]

A bit of both. He was a great guy who loved people, selling stuff to them was just a thing you did to keep the conversation going. But, he wasn't unique in doing this... plenty of business owners, especially smaller businesses, pay for better employees. Ever go to a hardware store where the clerk has worked there for 20 years? She doesn't make minimum wage.

I think the discussion here is a demonstration of how bean counters have conquered the world.