It may have been easier for him to lower his own compensation and pay everyone a bonus, based in part on longevity.
That escalated quickly.
lol.
People assimilate into their own class warfare. Hey they got more raise than me, they cry!
Price pays the price.
There’s a book title in there somewhere...
Bump
As a result, you move up in the ranks and earn for yourself a decent $70,000 salary.
Meanwhile, you are surrounded by slackers who habitually show up late or call in sick. They never go the extra mile. They gripe and complain and hold you in contempt because they see you as a brown-noser and a sucker. But you are okay with that because you are making almost double what they are making.
Then you come to work one morning and read the announcement. Everybody in the company is suddenly making the same as you. And unlike you, they didn't have to work for it. Suddenly all those who were taunting you are walking by you with smirks. They know that they are now at your level and that all your striving and dedication was all for nothing.
“”While dozens of new clients, inspired by Mr. Price’s announcement, were signing up, those accounts will not start paying off for at least another year.””
Read the whole article and I still don’t know what benefits the new clients are expecting...They get to pay a fee to Mr. Price’s company like any other credit card processing company and then what?