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The boss who put everyone on 70K

bbc.com

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Re: The boss who put everyone on 70K

#341

Post by smitty1e »

someguyorother wrote: post #275
_qwfv wrote: post #158

Earlier quoted context omitted.

What about worker coops? Not capitalist, but not necessarily driven by believing in a cause.

Or tenured professors in fields where they could get paid a lot better if they went private, yet they don't? That's basically a position that makes money go away as an immediate problem, and then the rest of the appeal is having one's hobby as one's job. Scientific freedom and intrinsic value.

Or we can agree that money is the common, well-understood metric.

And immediately allow that it's not the sole metric.

Re: The boss who put everyone on 70K

#342

Post by toiletfuneral »

sokoloff wrote: post #76
vonseel wrote: post #46

Earlier quoted context omitted.

Not sure where you’re going with the can’t buy crappy stuff anymore argument, from another perspective, most things built today are crappy Chinese junk compared to things built 70 years ago, if they existed 70 years ago. Mending and the art of repair has been forgotten by most - if your TV has an issue, you’re more likely to buy a new one than fix it, even if it’s possibly repairable for less than a couple hundred bu…

When you can buy a 50" LED 4K TV for under $300, why would you attempt a repair of any older tech TV that is "probably repairable" for a couple hundred bucks? Take it off the wall; find a repair place; make an appointment; schlep it over there; wait for the results; pick it up; put it back on the wall vs drive to BestBuy and buy a newer, better TV and put the old one on the curb and be done with certainty tomorrow. A…

That’s a cool philosophy...btw how’s that Texas sized gyre of plastic in the pacific doing? Really excited for the hidden hand to fix it

Re: The boss who put everyone on 70K

#343

Post by uk_programmer »

fsloth wrote: post #340
uk_programmer wrote: post #251

Earlier quoted context omitted.

Sure Domain Knowledge is important. But again this can all be discovered as you go along. I had an interview at a this week for my next contract where they made redundant most of their employees as the business decided to just go with turnkey applications. They will get someone like me in for 3 to 6 months to do application maintenance on anything they can't replace. This will be stuff like implementing stuff from pe…

"But again this can all be discovered as you go along." How are you going to discover that from just the sources without any institutional knowledge? It sounds to me this applies only to a specific niche you've managed to find. I.e. you get only those gigs where institutional knowledge is not paramount as the employers who need deep domain knowledge are not even trying to hire you. I don't mean this in a deragoratory…

The business stake holders are going to be there. Sure at some point it might be just too much work but typically there is somewhere in between where you can piece it together.

> I don't mean this in a deragoratory sense - it sounds to me you provide great value to your employers - but just in that you work in a specific market segment and what is true in your segment might not hold in others.

I've worked in many different sectors. Normally fintech though.

Re: The boss who put everyone on 70K

#344

Post by favorited »

anon73044 wrote: post #330
kylec wrote: post #282

Earlier quoted context omitted.

Yeah, if you're making $70k and you could only get $40k elsewhere, you're probably going to work really really hard to not lose your job.

I've had this raise in 2 years at my current employer. If anything, I'm not putting in as many 60+ hour weeks as I was 2 years ago. What's the incentive? "We'll pay you more, so you can work more and deal with more stress and, one day, you can have a heart attack at you desk. "

It's like the saying goes, if you get paid 100k to work 80 hours/week, you're getting paid 50k.

Re: The boss who put everyone on 70K

#345

Post by mmmrk »

buzzkillington wrote: post #211
nathanvanfleet wrote: post #201

Earlier quoted context omitted.

What about Christians? They seem to like persecution porn.

Along with muslims, billionaires, homosexuals, communists, jews, vegans, nazis and libertarians. Pretty much the only people who are persecuted in the west are whistle blowers, zoophiles and pedophiles.

Persecution can take more forms than law enforcement.

Maybe one day you'll come around to the idea that feminist ideas are valid without feminists being put into jail.

Re: The boss who put everyone on 70K

#346

Post by yitchelle »

driverdan wrote: post #188
yitchelle wrote: post #182

I wonder how he arrived at 70K? 100K is just as arbitrary as 70K?

Read the article.

I did before I posted my comment. It says "After crunching the numbers, he arrived at the figure of $70,000."

"Crunching the numbers" does not give details as to how he arrived to 70K. The article made a reference to report by Daniel Kahneman and Angus Deaton, but it is not clear.

Have I missed something?

Re: The boss who put everyone on 70K

#347

Post by jinushaun »

dominotw wrote: post #272
bloblaw wrote: post #241

I used to work at Gravity. Dan (owner of Gravity) is sincere and frankly the real deal. Dan Price really is like what is presented in this article. He actually cares about his employees and is being genuine here. He's a good person, making a private business decision to increase the pay of frankly his lowest paid workers. In a city where the average tech worker earns $275k a year, he believes its the right thing to d…

>average tech worker earns $275k a year I need to move to bay area this year. thats my sole mission this year.

Total comp with stocks, not base salary. $275k base is an outlier.

Re: The boss who put everyone on 70K

#348

Post by o-__-o »

lonelappde wrote: post #147
o-__-o wrote: post #99

Earlier quoted context omitted.

are you me? Although my stock market outing has been very successful. i made my entire yearly salary this week and that is very demotivating to work right now.. Although we are the exception not the rule. My last job had me running around exhausted and I thought being super productive would increase my bonus (narrator: it didn't)

Market timing is a bad idea. Daily gains don't matter.

you know what else is a bad idea? Putting $80k into Virgin Galactic or Tesla calls at strategic moments in time. But I did both and now I'm sitting on more money in my toy account than my actively managed investment account. so maybe YMMV?

and no i don't recommend anyone doing what i did, but basic technical analysis said to sell [or buy puts] last week and with enough time watching markets you will know when an oversold relief rally is due [including mini rallies within overall downtrends]

Re: The boss who put everyone on 70K

#349

Post by jb3689 »

dominotw wrote: post #272
bloblaw wrote: post #241

I used to work at Gravity. Dan (owner of Gravity) is sincere and frankly the real deal. Dan Price really is like what is presented in this article. He actually cares about his employees and is being genuine here. He's a good person, making a private business decision to increase the pay of frankly his lowest paid workers. In a city where the average tech worker earns $275k a year, he believes its the right thing to d…

>average tech worker earns $275k a year I need to move to bay area this year. thats my sole mission this year.

Go remote for a bay area company. High pay without high rent

Re: The boss who put everyone on 70K

#350

Post by kamaal »

amflare wrote: post #290
wjp3 wrote: post #269

Earlier quoted context omitted.

If you read the article it covers that.

It doesn't really. It just said a couple people resigned in protest.

Never understood this. This is like complaining you are unhappy that other people should even have a good life.

It's one thing to aspire to have a good life. And totally different to derive your happiness from watching others suffer.

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