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You get less turnover because people stick around longer do you think there s broader sort of social policy lessons here? you know i think when you reduce inequality in every way, whether it be a micro level one company or macro level across the economy, you re going to see positive impacts you would have never predicted. i think when you increase inequality, you re going to see negative impacts you would have never predicted. there are these folks out there today striking and demonstrating for $15 minimum wage. we have a rising inequality in both directions, right? we have the top going up, we see wage stag nation not just at the bottom, but all through. what do you want to see happen throughout the remarkable decision you ve made in your company. my pipe dream is that we have a private capitalist solution for this we and others prove that we re going to win, and we re going to make more money and do better business because of these steps, and we actually preempt the need fo ....
Processing company in seattle. after reading a study on happiness, decided to over the next three years raise the salary of his lowest paid employee to a minimum of $70,000 a year. everyone in here, you might be making $35,000 a year right now, everyone in here will definitely be making $70,000 a year. and i m super excited about that, so new york times points out price would pay for the wage increase by cutting his own salary from nearly $1 million to $70,000. and using 75 to 80% of the company s anticipated $2.2 million in profit this year. i spoke with him earlier, i began by asking if this was a publicity stunt? you know, the thing i care about most are our clients. they re the ones that have been with us for the last 12 years. really our whole business is based on values, and treating ....
Company, $70,000 a year. i take these out. .to put in dr. scholl s active series insoles. they help reduce wear and tear on my legs, becuase they have triple zone protection. . and reduce shock by 40%. so i feel like i m ready to take on anything. you re only young once. unless you have a subaru. (announcer) the subaru xv crosstrek. symmetrical all-wheel drive plus 34 mpg. love. it s what makes a subaru a subaru. wait, what is that? a new outdoor cleaner from scotts - it s powered by oxiclean and it s chlorine bleach-free so it s safe to use around grass and plants. get scotts new outdoor cleaner plus oxiclean. clean your outdoor space. ....
Candidate or candidate s spouse. and also, you want to be yourself, because you re a fully actualized human being. you have to go out there and talk about how great your husband is. any of us who are speaking in public right now. you have to watch what you re saying. but what is interesting now for the millennials, the 18 to 29-year-olds, i m curious to see how much of this they will see as interesting, but minor history, not part of the hillary clinton story. that they find is something they want to know about. i think that s going to be very interesting too. thank you for being here. still ahead, the premiere of all in s billionaire scouting report, our guide for the billionaire s bankrolling, 2016, we ll introduce you to the toy train set, who wants to make ted cruz s presidential dreams come true. we talk to the ceo who decided to make the minimum wage at his company, $70,000 a year. ....
The movement seems to also work its way into the thinking of the 1% themselves, last june, goldman sachs ceo told cbs this morning, that income inequality is responsible for the divisions in the country. more recently, there s ceo dan price who runs a credit card processing company in seattle. after reading a study on happiness, decided to over the next three years raise the salary of his lowest paid employee to a minimum of $70,000 a year. everyone in here, you might be making $35,000 a year right now, everyone in here will definitely be making $70,000 a year. and i m super excited about that, so new york times points out price would pay for the wage increase by cutting his own salary from nearly $1 million to $70,000. and using 75 to 80% of the company s anticipated $2.2 million in profit this year. i spoke with him earlier, i began by asking if this was a publicity stunt? ....