Employees buy Tesla for CEO who raised minimum wage to $70,000

He <3 it!

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Picture of MindTrick43 achievements

+4 1. MindTrick commented 4 years ago

Sometimes before i go to sleep, i try to fill me head of good thoughts. One of them would be to be this guy. I wish i was a CEO of a company as well, and show the world that the CEO doesn't need all that money, sharing it with the people that are doing the good work. Just the idea gives me a good feeling, i can only imagine what it would feel like in reality.
Picture of krazeeeyez38 achievements

+2 2. krazeeeyez commented 4 years ago

Sorry to be cynical but come on... this is staged PR.

Love the Gravity Payments banner at the back of the shot!!

and the staged crying at 2:22 :P
Picture of sux2bu67 achievements

-3 3. sux2bu commented 4 years ago

"We should look at this story not as a rational business decision but as a peculiar social experiment being played by a rich guy. Gravity Payments is essentially turning into a non-profit that will stay in business only as long as the CEO can fund the experiment out of his own pocket.
Wages are merely the price of labor. The reason wages differ from job to job is because, in general, higher wages are paid for higher productivity, added value, or to compensate for dangerous or toilsome work.
While the employees of Gravity Payments are cheering now, so are the company’s competitors. Competing firms know that Gravity is setting itself up for failure. Gravity will either have to change the policy in the future (thereby destroying company morale), lay off their least-productive employees (thereby destroying company morale), or go out of business when Dan Price runs out of money."

http://blog.acton.org/archives/77575-why-the-70000-minimum-wage-is-doomed-to-fail.html
Picture of MindTrick43 achievements

+1 4. MindTrick commented 4 years ago

#2 I won't call you a cynic, its very obvious that its "staged". Once you see the professional camera quality, its a dead giveaway, along with the banner as you point out. But now that you know, its time to look past the curtain, and see what the message is. Of course its staged, there is no way you could pull something like this off without setting it up. But its like saying a surprise birthday party is staged, which of course, it is. The facts remain the same tho, the workers got 70k salary, and that message is powerful. If you go and research a bit about this, you'll find quite a few articles about it, and there is nothing negative in them at all from what i see.

edit
#3
yea, i'll trust Joe Carter, after all, he's an editor...
Picture of sux2bu67 achievements

-4 5. sux2bu commented 4 years ago

#4 And your qualifications are.....?
Picture of mwak48 achievements

+3 6. mwak commented 4 years ago

Here's the back story :

http://www.inc.com/magazine/201511/paul-keegan/does-more-pay-mean-more-growth.html

This guy cut his wages by $1.1M to $70K in order to share the rest with his employees and maintain his company afloat. So they decided to reward him.

I think that when you have some friends in hollywood (like him), it's easy for the employees to call them and convince them to film the whole story and therefore have a good camera quality :)
Picture of MindTrick43 achievements

+1 7. MindTrick commented 4 years ago

#5 Qualifications for what? You know the title Editor is a free title right? anyone can call themselves an editor. So fair enough, i'm an editor, just like the guy you posted a link to, and my opinion is that he is just rambling bullshit and making extreme examples that aren't really viable in the real world. He is basing his blog on that the company will fail. He doesn't cover if it doesn't, which makes it a one sided view.
Picture of sux2bu67 achievements

-2 8. sux2bu commented 4 years ago

I guess time will tell if his plan sinks his boat or not.
His $900,000 house is being rented out to someone else.

http://www.geekwire.com/2015/ceo-who-boosted-salaries-to-a-70000-minimum-now-renting-house-to-make-ends-meet/
Picture of Judge-Jake52 achievements

+3 9. Judge-Jake commented 4 years ago

I wish all you lot would have left this story alone and allowed me at least to dream a little that nice things happen to nice guys. In England we have a ex CEO called Lord Philip Green who's recently taken millions of pounds out of the pension pot of the employers of a company called British Home Stores, which has been around for over fifty years. This guy is worth 3 billion and he is currently skulking away on one of his three multi decked yachts. (Why the feck do you need three multi decked yachts) While his now unemployed staff are wondering how they are going to live on a basic state pension. He was quoted recently as saying to a grandmother who worked for him "I pay your wages, I own you" there is a story to complain about.:(
Picture of nomaddaf22 achievements

-1 10. nomaddaf commented 4 years ago

Big deal. His net worth is 13 billion. Do you really think he gives a tinkers damn about his income? And he wrote that gift off anyway. Sorry not impressed in the least.Forgot to mention his company is subsidized so it's your money he gave away. Sleep well sheeple.
Picture of thundersnow58 achievements

0 11. thundersnow commented 4 years ago

When someone is trying to do something kind and generous for the common good, there are always these haters crawling out of the wood work.
#1 I like you :)