What Happens When a CEO Pays a $70k Annual Minimum Wage?

Only a few months ago David Price announced his experiment of paying everyone in his company the same annual minimum wage. Already we are seeing results. Back when it was first announced, both Mark Horne and Bob Allen commented on Dan Price’s new payscale. Mark was a bit more pessimistic. He wrote in part: What we don’t know is whether his business will make it under this new scheme. Hopefully it will. But it will bring certain challenges. For one thing, is Price going to expect everyone Read more […]

How Should Christian CEOs Treat their Employees?

While freely admitting that the reasoning in this essay at Christianity Today is sloppy, and the basis of the argument is not well grounded—non-sequiturs and misapplication aboundeth—I do think the overall concept is more than worthy of discussion. It is discussing the CEO who is paying all employees $70,000 a year and is reducing his own salary to that amount. CEOs have come to see their often grossly over-sized compensation as almost a “divine right”—no matter the impact on the overall Read more […]

Slaves Liberated from Walmart. Where’s the Celebration?

Suddenly thousands of employees were liberated from Walmart oppression. Why aren’t they happy? From Business Insider: “Wal-Mart suddenly closed 5 stores and laid off thousands of workers and no one knows why.” Wal-Mart suddenly closed five stores in four states on Monday for alleged plumbing problems. The closures could last up to six months and affect roughly 2,200 workers in Texas, California, Oklahoma, and Florida, CNN Money reports. Wal-Mart employees say they were completely blindsided Read more […]

What Entrepreneur Charity Proves about the Living Wage

Paying all employees a living wage is a grand experiment in charity. KDSK.com calls Dan Price a Seattle CEO, but Newser.com identifies him as an entrepreneur. That is important to keep in mind because Price is definitely starting a risky investment. According to his plans he is going to pay everyone at his company $70,000 a year. KDSK.com: “Seattle CEO to pay employees $70,000 minimum wage.” The CEO of a Seattle company is reportedly boosting the minimum wage for every one of his employees Read more […]

Woman Blames Walmart for Her Poverty; Why Walmart?

If this woman who wrote for Slate is being truthful, then she is in a very bad situation. She can’t afford her own place and has to sleep on the floor at her son’s house. She also may have colon cancer but can’t afford to go to the doctor. These are really bad things but why should her employer be singled out as the responsible party? When I woke up to see the news, I could hardly believe it: President Obama is planning a visit to the Mountain View Wal-Mart where I work. But the excitement Read more […]

McDonald’s Employees: Striking For A Lazier, Complacent America

Fast-food strikes are occurring in approximately 50 cities across the United States. No, these protesters are not marching against the unhealthy food at fast-food joints; rather, the protesters are employees at these restaurants who are protesting that they don’t get paid enough to work in fast food. I repeat: they believe they don’t get paid enough to work in fast food. Fifteen dollars is the arbitrary number these protesters arrived at that they believe they should be paid. In many cases, that’s Read more […]