I applauded Dan Price and his plan to raise all wages at Gravity Payments, a credit card processing service company, to $70,000. I didn't think about all of the fallout he'd face, from customers (even in Seattle!) calling him "socialist," or grumbling among longer-term employees about the amount of raises this gave to newbies.
At this point, we should cue Jesus' parable of the wages and the vineyard, arguably even more socialist, on one reading, than Acts 2, though, sorry liberal Xns, or worse, New Atheists and SJWs trying to sow tares among the wheat it's not about that. The parable is mentioned near the end of the story, in fact.
But ...
Do people really put in 80-hour weeks in something like customer service, actually visiting people? That would be 9 a.m.-11 p.m., Monday-Saturday, with 45 minutes a day for lunch.
Time to call the hyperbole police, workforce division. Sorry, Leah Brajcich, but I just don't believe it.
As for Price? The story makes him out to be more interesting, too.
Update, Dec. 17: A Dec. 1 story by Bloomberg makes him out to be hypocritical, not just "interesting." The big pay raise came only after a lawsuit against the company. He was, and arguably still is, overpaid as CEO for a company his size, even within the US's generous allowance of CEO pay. And his ex-wife, in a pending book, alleges spousal abuse.
BIG NEW UPDATE from the author of that same piece, now with the New York Times, on Aug. 18, 2022: After further probing, including charges that he's a Rohypnol, or "roofies," date-rape dude, and Karen Weise's asking questions for her story, Price has resigned as Gravity Payments' CEO. Read the full story. It also adds many other details to the other bullshit that popped up when I first blogged this.
Back to the original.
Yes, there's a measure of altruism. It seems like, given his citing of "Acres of Diamonds" by Russell Conwell, founder of Temple University, and namesake of Gorden-Conwell Theological Seminary, that there's a fair amount of prosperity gospel, too.
And it has deep roots:
Every day he and his four brothers and one sister rose as early as 5 a.m. to recite a proverb, a psalm, a Gospel chapter and an excerpt from the Old and New Testaments. Home-schooled until he was 12 and taught to accept the Bible as the literal truth, Mr. Price also listened to the Rush Limbaugh show for three hours a day — never imagining he would one day be the subject of a rant by the host. Then it was time to help his mother with organic gardening, composting and recycling.
He did not actively oppose Seattle’s minimum-wage increase, but a reason he urges other business owners to follow his lead on pay is to avoid more government regulation.
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