It’s an old story. And a good one! I’m glad TFA acknowledges the huge PR benefits that accrued for doing this. It’s amazing actually we’re still here talking about it.
In certain businesses, there’s actually a lot to be said for only being willing to hire a person who can provide at least $70k of value.
It’s also a bit of a misnomer to laud the owner of a company and 100% of its equity for taking a salary cut.
All that said I think that greed and what I’ll call “celebrity” drives the income disparity between the median and the 90th percentile workers’ salaries at a given company far too high.
As an aside, this sentence was so tongue-in-cheek it was jarring;
> Jody Hall, a good liberal who worries about income inequality, owns a nearby cafe, Cupcake Royale. She chooses Gravity to process her payments, admires what Price has done and offers her own employees health care.
In certain businesses, there’s actually a lot to be said for only being willing to hire a person who can provide at least $70k of value.
It’s also a bit of a misnomer to laud the owner of a company and 100% of its equity for taking a salary cut.
All that said I think that greed and what I’ll call “celebrity” drives the income disparity between the median and the 90th percentile workers’ salaries at a given company far too high.
As an aside, this sentence was so tongue-in-cheek it was jarring;
> Jody Hall, a good liberal who worries about income inequality, owns a nearby cafe, Cupcake Royale. She chooses Gravity to process her payments, admires what Price has done and offers her own employees health care.