Forum: Internet Links
Topic: When hippies run businesses
started by: Leisher

Posted by Leisher on Aug. 03 2015,07:04
Remember the business owner who very publicly announced that he would increase all wages in his company to $70,000 to fight income inequality?

< It's not going so well. >

Ha! A few morons on FB are actually blaming the companies who took their business elsewhere because they felt it was either a political stunt or that Gravity's fees HAD to increase.



Posted by Alhazad on Aug. 03 2015,07:26
< Too late. >
Posted by Leisher on Aug. 03 2015,08:07
I stand by my new thread. I searched for the company name and the guy who owns it and found nothing.
Posted by TheCatt on Aug. 03 2015,08:33
So I read the entire article.  There have certainly been bumps, but overall it sounds like it's going OK.  The guy has many new customers, more than he lost, it sounds like.
Posted by TPRJones on Aug. 03 2015,17:17
Sounds like he's losing good employees and keeping bad ones.  If that's true it's going to be a downhill slide into oblivion.
Posted by thibodeaux on Aug. 04 2015,11:31

(Leisher @ Aug. 03 2015,11:07)
QUOTE
I stand by my new thread. I searched for the company name and the guy who owns it and found nothing.

Might as well; some assholes hijacked it
Posted by Alhazad on Aug. 04 2015,12:34
In their defense, it's hard pretending that the tribulations of a Seattle credit-card processing company are intrinsically interesting and not just as a case study in the income disparity debate.
Posted by TheCatt on Aug. 04 2015,12:47

(TPRJones @ Aug. 03 2015,20:17)
QUOTE
Sounds like he's losing good employees and keeping bad ones.  If that's true it's going to be a downhill slide into oblivion.

He's gained a lot of customers, and lost 2 employees, whose worth we do not know.
Posted by Alhazad on Aug. 04 2015,14:02
He'd be untouchable if he gave so much of his money to a charity for strangers, but is under attack because he chose instead to support those in his own circle who will keep a lot of the money within the American economy.

That's weird to think about.

Posted by Malcolm on Aug. 04 2015,14:13
QUOTE
who will keep a lot of the money within the American economy.

You've got no guarantee of that.

Additionally, the two dudes that quit both have legit points.
1) The dude there for two years get his pay bumped to $70K.  So does the dude who's been there for two weeks.  You aren't rewarding the long term guys for loyalty.  In essence, he's said it means nothing with respect to reward.

2) If you're going to make your minimum salary X across the board affecting quite a bit of your work force, maybe you should look at it as giving your bottom rung employee a massive, massive raise even if they've done nothing to earn it.  If the low man gets a huge bump for nothing and real producers don't see anywhere close to a proportional rise, you're also saying value of work means nothing with respect to reward.

I'm the only senior dev on my project at work.  I've been on it longer than any other programmer.  I've had the fun of being in the doghouse and being substitute lead this year.  That said, I make more than the other devs because when the website breaks, I'm the sorry bastard that has to resuscitate it back to life.  When the manager's gone, I'm the one doing prod builds and deploys.  When our architecture blows and the architects are too far removed from the code to offer anything besides a meaningless, vague, high-level solution, I'm the one that has to deal with the devils that live in the details.  If the company suddenly started paying the intern or new intro dude at my rate, they would have an ultimatum within the hour.  If all the employees this dude has are genuinely doing $70K of work, then bravo.  If he's inflating the value of some employees without upping their responsibilities, then all the hard working cats are going to figure out exactly how much they can suck and still keep their cash.



Posted by Alhazad on Aug. 04 2015,14:36

(Malcolm @ Aug. 04 2015,14:13)
QUOTE
QUOTE
who will keep a lot of the money within the American economy.

You've got no guarantee of that.


They'll spend a lot on food, and U.S. food imports totalled only 17% of consumption in 2009. People in office jobs are wont to eat out as well, which gives extra money to an American service worker.

QUOTE
Self-doubts have also crept into the employees who stayed, with some saying they felt the increased pressure at work as they questioned if they really deserved the raise.


From the ST article. It's as if paying people more means you can legitimately expect more from them and they know it.

Posted by Malcolm on Aug. 04 2015,14:44
QUOTE
It's as if paying people more means you can legitimately expect more from them and they know it.

I clean up the shitty designs of people who earn more than I do every day.  I wonder if there are any employees thinking, "Hmm, how much can I pretend to be Peter Gibbons and still keep my $70K?"  One of the DBAs we hired a couple years back had a serious drinking problem.  Step back for a second and remember who's saying that.  When I come back from lunch sweating, it's because we went to the Thai place and I asked for "real Thai heat."  When he came back (in the dead of a Minnesota winter), it was because he'd finished off half a bottle of whiskey.  He also earned more.

I assume they're aware he can still fire them for various reasons, including performance.  But if your job doesn't have the potential to generate or save that biz at least $70K a year, it doesn't matter how well you do it, you aren't worth your salary.  If the intern was worth more than $70K, he wouldn't be an intern, he'd be a higher level dev somewhere else.  Or he's lazy like I am.



Posted by Alhazad on Aug. 04 2015,16:13
You're not really arguing against my point so much as bitching that your own company's implementation differs from what you'd like it to be. An attractive salary's a lure, not a filter -- it just brings more applicants to the table. It's the management's job to pick the corn from the shit.
Posted by Malcolm on Aug. 04 2015,18:44
Bring in all the applicants you want, if the position isn't worth the cash, it's moot.  Maybe all his jobs are $70K jobs.  I doubt it.  120 employees?
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