The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.
Showing posts with label UPworthy. Show all posts
Showing posts with label UPworthy. Show all posts

Saturday, April 25, 2015

$70K..Base Salary! Paying Employees "Liberally" Pays With More Satisfied And Happy Customers

Dan Price
Dan Price, Gravity Payments, the
fair and benevolent capitalist,
A few days ago we published a piece about an electronic payments company CEO, who reduced his million dollars compensation while establishing a $70,000 baseline pay rate for his employees.

Yes, the story is very much a Cinderella tale, and a story so rate it drew international attention.

Our version of the story.....

Some Progressive Millionaire CEOs Embody An Idyllic America
Apr 16, 2015 ... Earlier in the week MSNBC's ALL In host, Chris Hayes, interviewed Dan Price. The interview was both an existential non-common reality and a...

We referred to Price as the benevolent capitalist, but know the phraseology has no negative association.  I am reminded of yet another old axiom: 
"Happy employees lead to happy customers and that leads to more and happier customers."
UPWorthy, Patrick Malloy, curated a story about Price and the aftermath of his very public story.


Right after announcing he was taking a pay cut to raise employees' salaries, business is booming.

Parker Molloy Curator: 

Here's a story to show your boss. When it comes to taking care of his employees, Gravity Payments CEO Dan Price is going above and beyond (and business has never been better).
You might have heard a story from a few weeks ago about a CEO named Dan Price and his plan to raise the starting salary for his employees to $70,000 per year.
He told his employees about the change at Gravity Payments, his credit card processing company, during their quarterly staff meeting.
Needless to say, they were pretty excited about the news, giving him a standing ovation.

CBS News interviewed 29-year-old equipment supervisor Jose Garcia about the change. He said that he cried when he told his mom about the raise.

Before the announcement, Garcia's salary was $33,000 per year. The raise was a huge deal to him and others at the company.

Over the next two years, salaries will increase periodically.

Effective immediately, everyone in the company will make at least $50,000 (or, if they already make more than $50,000, they'll get a $5,000-per-year raise). From there, all employees will be bumped to $60,000 next year, and $70,000 the year after.

How is Price doing this? To start, he took a huge pay cut.

He had been making $1 million per year. But now? He'll take home just $70,000 per year.

Price was motivated to change the salary structure after reading a 2010 study that suggested people have the highest emotional well-being at $75,000.

Would raising the salary of someone like Jose Garcia from $33,000 to $70,000 have a tremendous impact on his happiness? Likely! Is it the same for someone already making well over $75,000 per year? According to this study, no.

Business has never been better.

Price tells CNN Money that in the 11 years he's been running Gravity Payments, he's never seen a better week for new business after bringing in dozens of new clients.
 "In the short-term, [news reports about the pay] could help demand for our services, but clients won't stay with a company that's not providing a superior value." 
— Dan Price

Morale is high, and applications are flying in faster than ever before.

It turns out that offering people a living wage with competitive benefits makes people want to work for you. Who knew?

They've received about 3,500 job applications for the company's two open positions (a sales representative and a support staffer), which is around 10 times as many as they're used to.

He's putting people before profits.

Based on that study, he realized that making less than ideal wages is emotionally taxing on a person. So if he's in a position to help make the world a better place for the people around him, why wouldn't he?

He cut the company's immediate profit projections in half, but he seems pretty happy with how that's working out so far.

After all, there's a reason Price was named 2014's "Entrepreneur of the Year" by Entrepreneur Magazine.

And it probably has to do with making gutsy decisions like this (and possibly looking ridiculously good in a blazer).

Check out the CBS News report about Price:

Business can exist without employees as underpaid product or services producers. Yet, business cannot exist without employees. While rices experience is unique and accompanied by progressive thought, reasoning and data, most companies can stand to advance the level of wages and compensation. When we consider images like those that following, the rational person would ask the question: "Why do US CEO's have to exist as corporate rock stars or overpaid professional athletes?" Are their contributions so significant less compensation wouldn't attract comparable competency.

On the liberal side of compensation data.

And, on the conservative side of compensation data.

While 2008 is ions ago, the following graphic stands out as one of my most cherished depictions of the CEO/worker pay disparity.

Now for that conservative compensation estimate I reference above. In 2013, The Daily Kos and other media reported average CEO compensation at $12 million plus per annum. 

The image is purely horrific, and US workers nor the public are clamoring for more fair and balanced compensation considerations.

Fortunately, executives like Dan Price and Nick Hanauer are few and very far between.


Saturday, January 3, 2015

200 Years Of US History (Must See Gif)


While tooling around the web last night, I come across and interesting gif. Alvin Melathe posted (curated) a gif that shows how the young US grew territoriality and subsequently developed into states. There are references to US History, but they are slight with major omissions from the developer of the gif. Bit, we have to realize the developer's mission was the gif itself, not to accomplish the impossible via an archive of US History.

Alvin Melathe

Alvin Melathe

I like finding knowledge bombs on the Internet that detonate in your mind, creating massive explosions of insight and laughter. Other things I like besides torturing bad metaphors: warm laundry, social movements, and making your bar chatter more interesting. Like me on Facebook and follow me on Twitter to make creative chipmunk insults at my expense.

If this whole show is moving a little too quickly for you, here it is broken down frame-by-frame.

If you want a perspective from Melathe, I have linked the page here.

H/T to UPworthy, Melathe and the original developer.

Thursday, August 21, 2014

Geraldo Rivera Earns Millions While Serving The Fox News Business Model

Fox News, Fallacy, Entertainment and the Ridiculous!

Rivera forays into Occupy Wall Street protest and finds out he is not longer considered "Cool."
Watch Geraldo Rivera among the Fox News "Legs and Thighs" couch as he provides a former progressive's view of how the Mike Brown case will shakeout. I am certain his remarks are fruit for the ears of many white people. It is unfortunate, but Rivera is correct. The price for the life of the young black male, is a very low price and is often pro bono (without price or "charge"...pun intended). If you think the lede characterization of "Legs and Thighs" is hyperbolic, I must digress.  Check this out.

Fox News business model: "get the viewers at all and any cost and feed-em conservative propaganda and misinformation."

Hence! Of course, do the feet while on camera with policy that prohibits pants on the set. Equals?
What is with the feet. Well, feet is not the point, is it?

And, here is how it is done. Why does this couch figure seem to be taking instruction for off camera?

Nicole Petallides
A Fox News secondary, mission and goal: sprinkle race in the segment to excite Fox Viewers who mirror the demographics of the GOP and Libertarian Parties.
So much for the Fox News business model digression: " The Fox News Legs and Thighs" delivery method. Now, that we have that point behind us, let's move to the salient point.

The former progressive, Rivera, embroiled in a reality based discussion with the Legs and Thighs. Rivera seems to have a personal mission against what he formerly called "thug dress." I will admit to a great deal of disdain and contempt for the choice to dress with sagging pants and I am also not excited about the wearing of caps flipped to the side. However, I recognize personal choice to sag one's pants is not only and indication of mentality, it is also one of those faddish adaptation from a music genre that many young people seem to love. Enough said on that topic.

Rivera and the impact of race on high profile murder cases.  We are also particular interest in depiction the fallacy of Rivera's past comments about "thug" wear and supposed "thuggish" demeanor.  We all seem to forget, as young people not one of us is free of acts and decision indicative of being a young person. Now, take a moment an run through this illustration gallery from UPworthy.

Sample images of two sides of reality.
View image on TwitterView image on Twitter
which photo would they use?
View image on TwitterView image on Twitter
what picture would they use
View image on Twitter
Which picture would you use ?

More from UPworthy....

Yes, we profiled for camera shots, but profiling has little to do with how we grow and mature. In fact, the tendencies of the young are often shed as life develops and the mind grows and matures. If you need another example, check this out.


Let's finish with more "race" Fox News style. I find it interest Fox News pays Rivera millions for a perspective that is accurate regarding racial divides, while entertaining viewers who relish and nurture the divide. How crafty and at the same time disgusting.

The "hired former progressive"...will travel.


Thursday, February 27, 2014

IRS Contractor, Vet's Benefits, Some Of US Denied..After After Serving Full Enlistments

What a flippin dumbass, elitist! The saddest part of it all. This guy would join the chorus of people who railed against President Obama's comments about, people "not building that by themselves."  The interaction took place last summer. 

We post the Upworthy piece, because of the extent to which people will sap the good of government programs, and in may cases, look back at others who truly need assistance and scornfully complain or indict.

What's The Dumbest Thing You Could Say To A Congresswoman Who Lost Her Legs In Battle? Um, THIS.

Adam Mordecai 

An IRS contractor named Braulio Castillo hurt his foot playing football in military prep school. He never served in the actual military. Then one day, decades later, he used it to get preferred treatment in government contracts. Rep. Tammy Duckworth (D-Ill.), who lost both her legs and still could lose her arm from combat injuries, felt that this might just be a touch inappropriate. It gets amazing around 4:30.

This is especially egregious in light of the fact that it takes most vets an unnacceptably long time to get the help they need for basic services, let alone government contracts. My friend, who is a vet, informed me that many vets don't feel like they can apply at all because their injuries were so mild compared to injuries vets like Rep. Duckworth had. (Said vets have very valid injuries, like PTSD, shrapnel, and brain trauma, etc.) So the world needs to know about guys like this to prevent them from getting away with fraud. I'd love it if you shared and tweeted this. My friends who actually sacrificed in the line of duty would really appreciate it, too.

Delores Duckworth: Thank you, Mr. Chairman. You know this hearing is very troubling to me because this case really shows how things can go wrong. I want to support our small business owners as much as possible. I want these set asides to be successful. But I am absolutely appalled by the advantages that have been taken of the system.
Mr. Flohr, I know you cannot discuss Mr. Castillo's case because you would need his permission to discuss his particular case. That's why you could not answer the question earlier. My understanding also is that the VA, VBA specifically, is bound by legislation that says a certain condition has a certain disability rating. For example, a below-the-knee amputation is 40%.
It just is. Correct?
Mr. Flohr: That is correct, ma'am.
Delores Duckworth: So it seems like there is an opportunity here for some legislative fixes to the system. Mr. Chodos, is it true that any rating, even if it's just 5%, would qualify someone for a service connected disability owns business?
Mr. Chodos: So long as they qualify under the VA's rules for service connected disability. That is adequate for the self-certification.
Delores Duckworth: Thank you. Mr. Castillo, how are you? Thank you, for being here today.
Mr. Castillo: I am not well, but you're welcome.
Delores Duckworth: All right. So your foot hurt? Your left foot?
Mr. Castillo: Yes, ma'am.
Delores Duckworth: It hurts. Yeah, my feet hurt too. In fact, the balls of my feet burn continuously, and I feel like there is a nail being hammered into my right heal right now. So I can understand pain and suffering and how service connection can actually cause long-term, unremitting, unyielding, unstoppable pain. So I'm sorry that twisting your ankle in high school has now come back to hurt you in such a painful way, if also opportune for you to gain this status for your business as you are trying to compete for contracts.
I also understand why something can take years to manifest themselves from when you hurt them. I have a dear, dear friend who sprayed Agent Orange out of his Huey in Vietnam who it took 40 years, 40 years for the leukemia to actually manifest itself, and he died 6 months later. So I can see how military service, while at the time you seem very healthy, could 40 years later result in devastating injury.
Can you tell me if you hurt your left foot again during your football career, subsequently to twisting it in high school?
Mr. Castillo: Ma'am, I don't understand the high school . . .
Mr. Flohr: [Generally] prep school.
Mr. Castillo: I apologize.
Mr. Flohr: Post high school.
Delores Duckworth: Post high school. OK. Prep school, before college. Prep school. Did you injure your left foot again after prep school?
Mr. Castillo: I'm not sure I understand the question, ma'am.
Delores Duckworth: You played football in college. Correct?
Mr. Castillo: Yes, ma'am.
Delores Duckworth: As a quarterback?
Mr. Castillo: Yes, ma'am.
Delores Duckworth: Did you hurt, did you injure that same foot again, subsequently in the year since you twisted it in prep school?
Mr. Castillo: Not to my recollection, ma'am.
Delores Duckworth: Not to your recollection. OK. Why didn't you, Mr. Castillo, tell the VA that your doctor's note to them was inaccurate when you knew that it was?
Mr. Castillo: I don't feel that it's inaccurate, ma'am.
Delores Duckworth: OK.
Mr. Castillo: Would you like me to address that?
Delores Duckworth: Yeah. Go ahead.
Mr. Castillo: Yes, ma'am. So one of my doctors submitted the letter. So, as part of the injury, you have to establish that it is chronic and reoccurring. So when I returned home to San Diego, my doctor from San Diego had also, had said that he had treated me for the foot injury that I suffered on active duty. When I moved to Las Vegas, a couple years later, that doctor submitted that he continued to treat me for that left foot, broken foot injury. Finally, when I moved to Virginia, I went to a doctor, and it continued to hurt. And he established that, so Dr. Sam Wilson, who ironically was also stationed at Monmouth . . .
Delores Duckworth: OK. I have to cut you off because I am running out of time.
Mr. Castillo: OK.
Delores Duckworth: I'm sorry.
Mr. Castillo: So I just want to, just, so let me finish. So in talking to Dr. Wilson, who himself is a disabled veteran and very familiar with Monmouth in that his son had went through it himself as well and played football. He actually was the one that talked to me about . . .
Delores Duckworth: OK.
Mr. Castillo:. . . "Hey, this may be something that is connected."
And I believe I told him . . .
Delores Duckworth: So let me, let me . . .
Mr. Castillo:. . . that I was first hurt . . .
Delores Duckworth: I have to cut you off. I have to cut you off.
Mr. Castillo: OK.
Delores Duckworth: This is not an argument. I'm talking.
Mr. Castillo: Yes, ma'am.
Delores Duckworth: I'm up here.
Mr. Castillo: Yes, ma'am.
Delores Duckworth: Let me ask you this. Do you feel that the 30%
rating that you have for the scars and the pain in your foot is accurate to the sacrifices that you've made for this nation?
Mr. Castillo: What . . .
Delores Duckworth: That the VA Decision is accurate in your case?
Mr. Castillo: Yes, ma'am, I do.
Delores Duckworth: You know, my right arm was essentially blown off and reattached. I spent a year in limb salvage with over a dozen surgeries over that time period. And in fact we thought we would lose my arm, and I'm still in danger of possibly losing my arm. I can't feel it. I can't feel my three fingers. My disability rating for that arm is 20%.
In your letter to a government official, I think it's the VBA, Attention
[Gina Mu], you said: "My family and I have made considerable sacrifices for our country. My service connected disability status should serve as a testimony to that end. I can't play with my kids because I can't walk without pain. I talk twice daily pain medication so I can work a normal day's worth. These are crosses, these are crosses that I bear due to my service to our great country, and I would do it again to protect this great country."
I'm so glad that you would be willing to play football in prep school again to protect this great country. Shame on you Mr. Castillo. Shame on you. You may not have broken any laws. We're not sure yet. You did misrepresent to the VBA, but you certainly broke the trust of this great nation. You broke the trust of veterans. Iraq and Afghanistan veterans right now are waiting an average of 237 days for an initial disability rating, and it is because people like you, who are gaming the system, are adding to that backlog so that young men and women, who are suffering from post-traumatic stress, who are missing limbs, cannot get the compensation and the help that they need. And I'm sure you played through the pain of that foot all through college.
Well let me tell you something. I recovered with a young man, a navy corps man, who while he was running into an ambush, where his Marines were hurt, had his leg knocked off with an RPG. He put a tourniquet on himself and crawled forward. He is who played through the pain, Mr. Castillo. You did not. You took advantage of a system. You describe the status, just today, that other companies were using these special statuses as competitive weapons against you. You, who never picked up a weapon in defense of this great nation, very cynically took advantage of the system. You broke the faith with this nation. You broke the faith with the men and women who lie in hospitals right now at Walter Reed, in Bethesda, at Brooke Army Medical Center in Longview. You broke the faith with them. And if this nation stops funding veteran's health care and stops and calls into question why veterans deserve their benefits, it is because cases like you have poisoned the public's opinion on these programs.
I hope that you think twice about the example that you're setting for your children. I hope that you think twice about what you are doing to this nation's veterans who are willing to die to protect this nation. Twisting your ankle in prep school is not defending or serving this nation, Mr. Castillo.
Mr. Chairman, I'm sorry. You have been very indulgent. I yield.
Mr. Issa: I thank the [young lady], and the time was well spent.
There may be small errors in this transcript.

I was denied opportunity to enroll in promised "life-time" medial care via the Veterans Administration due to George W. Bush and Dick Cheney's 2003 edict that included earnings requirements. while the Obama Administration raised the earnings restrictions with consideration of earnings and family size, the net-worth provision still stands. Some of us who have worked hard throughout our lives and set aside a bit of a nest-egg, still feel abandoned as the promise of life-time medical coverage factored as integral to our savings strategy.