Company's $70k Minimum Pay Faces Backlash

[MI2AZ]

Employees quit, brother sues, clients flee.

Two longtime employees, angry that newbies would make as much as veterans, quit; clients, fearing increased fees to pay for those salaries, fled; others flocked to sign up, overwhelming Price's resources and forcing him to hire a dozen new employees at his newly hefty salary level; accusations of socialist and communist leanings flew, from the likes of Rush Limbaugh; and Prices own brother sued him.

 

[Djarum300]

I can see employees who've been there for a while getting bent out of shape. I know I would. Then again, that is why pay usually is kept hush hush. If he really wanted to do it, what he should have done was given his current employees, quietly, a performance based raise, and then raise the starting salary appropriatly.

 

[livespive]

MY thing is this, for those that left are they going to be able to find the same pay?

I can see employees who've been there for a while getting bent out of shape. I know I would. Then again, that is why pay usually is kept hush hush. If he really wanted to do it, what he should have done was given his current employees, quietly, a performance based raise, and then raise the starting salary appropriatly.

 

[bbfreeburn]

This is interesting to me because there is a real problem in university hiring these days. In order to get the best people many universities are making new hires at higher pay than folks that have been around for years. Here at WSU I know of at least three cases where long time employees (faculty) have gone to court and won very large wage increases in cases of this sort.

 

[Djarum300]

This is interesting to me because there is a real problem in university hiring these days. In order to get the best people many universities are making new hires at higher pay than folks that have been around for years. Here at WSU I know of at least three cases where long time employees (faculty) have gone to court and won very large wage increases in cases of this sort.

I just don't see how that happens. I mean, most states are right to work. Don't like the pay? Get a new job. Nothing illegal AFAIK or unethical about bringing new people on at a higher wage. I know folks can sue for just about anything.

One of the things that sort of "grinds my gears" is that much of the pay in many places is dictated by HR. The problem is, in many fields, the HR department is clueless as to the exact job description, especially in high tech fields like I work in. For example, there could be a 30K differential in pay if one just says he's a "software engineer". I'm really an embedded engineer, which is a job and job title. I'm all for employees finding better paying work. I'm also all for demand dictating the going salary of an employee. But in many cases, it doesn't matter if HR departments have no clue of job titles, job descriptions, and what is truly the competitive salary.

 

[Djarum300]

http://www.bloomberg.com/news/artic...equence-of-wal-mart-pay-raise-unhappy-workers


And now Walmart

 

[9andaWiggle]

http://www.bloomberg.com/news/artic...equence-of-wal-mart-pay-raise-unhappy-workers


And now Walmart

Pretty much, Wal Mart is saying FUCK YOU, LEAVE! to all their long term employees that were above the new minimum wage. They'll just hire more at the lower min wage rate.

Anyone loyal to a company these days is stupid, IMO. The company doesn't care about you and is looking out only for #1 - employees are wise to do the same.