Earlier quoted context omitted.
So you don’t think this is unusual enough to be newsworthy?
The article is not news, it's uncritical uninvestigative PR.
Why can't this article be news as well? I found it to be quite interesting.
The boss who put everyone on 70K
181–190 of 381 posts
Re: The boss who put everyone on 70K
#182I wonder how he arrived at 70K? 100K is just as arbitrary as 70K?
Re: The boss who put everyone on 70K
#183Earlier quoted context omitted.
That is a consequence of procrastination, which is the consequence of anxiety, which is the consequence of barely meeting ends. Basically in order to be productive under those circumstances you have to ignore reality, which can be problematic for the people around you. But at the same time everything is relative on your perception of reality. We spend today 50-100 times more energy per person that people 100 years ag…
> people 100 years ago, and most of those people were happy. I’m asking out of general curiosity and not snark, but is there a reliable source to this? A cursory search on my end didn’t return anything. I often wonder if the obsession with “happiness” is a relatively recent phenomenon borne of our own privilege.
This is a relatively recent area of study for the fields of international development and development economics. The UN has a World Happiness Report and there are a number of institutions that are now trying to directly measure happiness as well as the usual well-being indicators (like health, education, freedom, wealth).
The data seems to show that improving those indicators seems to increase happiness up to a certain level, after which they have much more marginal effects. One theory is that once basic needs are met, happiness becomes "relative" to the people around you, so rich countries/societies getting richer doesn't further improve happiness.
I can't speak to what was going on 100 years ago but based on the above I'd imagine they were a lot less happy than we are now - as a lot of people were not having their basic needs met.
Re: The boss who put everyone on 70K
#184I remember when this happened. The internet went into a frenzy - people celebrating the imminent end of the company...etc I wonder where are these clowns now.
I hope they got cancer and bankrupted themselves lol.
Re: The boss who put everyone on 70K
#185> "When money is not at the forefront of your mind when you're doing your job, it allows you to be more passionate about what motivates you," she says. I spent the first several years of my career working in academia for a poverty level wage. I can confirm from my own experience that when you worry about not being able to pay rent and all the bills, it's very difficult to be productive, much less in a job that requir…
On the other hand, having money makes me less productive, since I spend more time caring about the stock market. Like yesterday alone my long ETF lost 2000€ worth, and I bought a short ETF for balance, which went up 200€. Should have bought the short ETF earlier, but I was at work. Here I am actually losing money by going to work
People trying to pay me has become a problem. I stopped answering unknown numbers as a result. Buy your titanium hash pipe on the after market. I’m bored of making them. I’m doing indycar molds right now. I’m at my day job coding c++ and it’s very stressful being chased after. I don’t even know what’s going on with my portfolio. The market is down like a billion points...
Re: The boss who put everyone on 70K
#186Earlier quoted context omitted.
I can't find any mention of technical staff having their salary slashed. The only mention of pay cuts is the one the CEO took. Would you mind sharing a source where this is stated?
> Would you mind sharing a source where this is stated? It’s in the title. ‘Everyone on 70k’ is a pay cut if you were in more than 70k, as any professional would be. It’s clearly wrong as it doesn’t make any sense, but that’s the source they were referring to.
Then why would the word minimum be used?
Re: The boss who put everyone on 70K
#187> "When money is not at the forefront of your mind when you're doing your job, it allows you to be more passionate about what motivates you," she says. I spent the first several years of my career working in academia for a poverty level wage. I can confirm from my own experience that when you worry about not being able to pay rent and all the bills, it's very difficult to be productive, much less in a job that requir…
That is a consequence of procrastination, which is the consequence of anxiety, which is the consequence of barely meeting ends. Basically in order to be productive under those circumstances you have to ignore reality, which can be problematic for the people around you. But at the same time everything is relative on your perception of reality. We spend today 50-100 times more energy per person that people 100 years ag…
> We spend today 50-100 times more energy per person that people 100 years ago, and most of those people were happy.
100 years ago was 1920. That is two years after WWI. That is destroyed countries moving from crisis to crisis, veterans struggling to become part of society ...
Re: The boss who put everyone on 70K
#188I wonder how he arrived at 70K? 100K is just as arbitrary as 70K?
Read the article.
Re: The boss who put everyone on 70K
#189> "When money is not at the forefront of your mind when you're doing your job, it allows you to be more passionate about what motivates you," she says. I spent the first several years of my career working in academia for a poverty level wage. I can confirm from my own experience that when you worry about not being able to pay rent and all the bills, it's very difficult to be productive, much less in a job that requir…
I live in Berlin, which has a history of being both poor and having an extremely creative subculture. It's interesting but sad watching that creativity vanish as the rents rise. There's more money here now, but less creativity. I think this apparent contradiction is resolved by asking "who had the time to be creative?". When rents were low, artists could make ends meet and still have time to create. As rents are risi…
Replace Berlin with Toronto and you'd be just as correct.
It's a concern that spans decades.
https://www.cbc.ca/archives/the-last-days-of-toronto-s-low-r... — This article dates to the 80's and its tone is the very same.
(Canada's lost sweetheart PM hopeful is interviewed in one of the videos when he was a Toronto city councilor. Such a loss. He really had his finger on the pulse)
Re: The boss who put everyone on 70K
#190"His company, Gravity Payments, which he set up in his teens"... I'd LOVE to see how a TEENAGER was able to go through the PCI-DSS certification process and PASS the D-level.