So, the bloke who decided to pay all his staff $70k a year, by delving into his own $1 million a year salary. Shrug, efficiency wages and all that.
So are more companies following his lead? Nope. Price thinks that he might have influenced Amazon’s decision to raise its minimum wage, but then again Amazon’s boss is one of the world’s richest men. If he was to share his worth among his 800,000 employees, they would each be on double what Price pays his.
Sharing your wealth among your employees is different from sharing your income, no? After all, you can share your income every year, you can only share the wealth once.
It’s even worth pointing out that our intrepid income sharer does not share his wealth – he’s not signed over chunks of the company to the employees after all. We could even note that Jeff Bezos does share his wealth with the employees – full time permanent employees all do get stock grants, don’t they?
Or, as we might put it, The Guardian, wrong about everything, always. Doubly so on anything economic.