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Colorado Springs Utilities officials reviewed options for increasing the CEO's pay Friday morning, before Aram Benyamin told them he was not interested in a raise later in the day.
Colorado Springs Utilities CEO Aram Benyamin could see his first raise following several tumultuous years for the organization including the pandemic, rising fuel prices and a higher rate of employee
The retailer, which is the UK’s largest private employer, said the pay increase will come into force from July 24.
"After decades of being mistreated and paid too little, more and more American workers have real power now to get better wages," President Biden said.
For the last nine months, workers have heard that they can quit and make more money elsewhere. So they're doing exactly that.