Comment on CEO cuts his pay by almost $1M to give his employees big raisesparentComments−bko11yThis kind of broad policy will almost certainly have unintended consequences that will be interesting to watch play out.−cookiecaper11yI agree. Realistically I think this will be a short-lived experiment; everyone who got the raise will keep it, but I wouldn't be surprised if they go back to paying new hires a market-competitive salary within 12 months.
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This kind of broad policy will almost certainly have unintended consequences that will be interesting to watch play out.
I agree. Realistically I think this will be a short-lived experiment; everyone who got the raise will keep it, but I wouldn't be surprised if they go back to paying new hires a market-competitive salary within 12 months.