A New Dawn?...

jacko74

http://www.nytimes.com/2015/04/14/business/owner-of-gravity-payments-a-credit-card-processor-is-setting-a-new-minimum-wage-70000-a-year.html?ref=business&_r=1

I've noticed a few other examples lately of businesses adopting a more ethical and equitable way of doing things... and what is the one common factor these companies all have? Their owners/CEO's are all relatively young and would be classed as being born post boomer generation.

Are we witnessing the first slight glimmers of what could be a more fair and just society?

A society that isn't ran by a generation of greedy, entitled, self indulgent, I'm all right Jack, boomers?

CLAPTON

jacko74 wrote: »

http://www.nytimes.com/2015/04/14/business/owner-of-gravity-payments-a-credit-card-processor-is-setting-a-new-minimum-wage-70000-a-year.html?ref=business&_r=1

I've noticed a few other examples lately of businesses adopting a more ethical and equitable way of doing things... and what is the one common factor these companies all have? Their owners/CEO's are all relatively young and would be classed as being born post boomer generation.

Are we witnessing the first slight glimmers of what could be a more fair and just society?

A society that isn't ran by a generation of greedy, entitled, self indulgent, I'm all right Jack, boomers?

why do you hate your parents/grandparents so much?
isn't it time to address your personal problems?

how many companies have you started that are more ethical and equitable?

Generali

jacko74 wrote: »

http://www.nytimes.com/2015/04/14/business/owner-of-gravity-payments-a-credit-card-processor-is-setting-a-new-minimum-wage-70000-a-year.html?ref=business&_r=1

I've noticed a few other examples lately of businesses adopting a more ethical and equitable way of doing things... and what is the one common factor these companies all have? Their owners/CEO's are all relatively young and would be classed as being born post boomer generation.

Are we witnessing the first slight glimmers of what could be a more fair and just society?

A society that isn't ran by a generation of greedy, entitled, self indulgent, I'm all right Jack, boomers?

The FT linked to this a while back.

All I'd say is beware of extrapolating out single examples to the world as a whole. As my stats teacher told us, the problem with a sample of one is that it's very easy to come away with the idea that everyone has one leg or is 7' tall or indeed that everyone is male!

Mistermeaner

No not a new dawn, a publicity stunt. If this was widely replicated consumers would take their money to more competitive firms and these guys would all be paid zero as their company will be bust

mayonnaise

The New Dawn is unraveling already. :rotfl:

The New York Times reports that two of the company's "most valued" members have left the company, "spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises."

Gravity's web developer, Grant Moran, 29, had similar concerns. While his own salary saw a bump — to $50,000, up from $41,000, in the first stage of the raise — he worried the new policy didn't reward work ethic. "Now the people who were just clocking in and out were making the same as me," he tells the Times. "It shackles high performers to less motivated team members."

http://www.msn.com/en-gb/money/business/a-ceo-raised-his-companys-minimum-wage-to-dollar70000-a-year-and-some-employees-quit-because-of-it/ar-BBljA1b?ocid=mailsignoutmd