Wednesday, August 19, 2015

A Very Radical Move

A very radical move:-

In 2013, CEO of Wells Fargo Advisors (trillion $s asset) quit to be on "mission" ... now trying to help ex-convicts adjust to life after prison:
http://www.stltoday.com/news/local/crime-and-courts/ex-wells-fargo-ceo-is-on-mission-to-help-ex/article_804042bd-0936-5fc6-8977-fde8678a62ea.html ("Three out of four people released from prison wind up arrested again within five years ... ")

"The Ethics of Fair Wage Distribution"

A very interesting case study:-
http://www.christianitytoday.com/gleanings/2015/august/70000-minimum-wage-bible-parable-gravity-payments.html

According to http://money.cnn.com/2015/08/09/news/gravity-payments-dan-price-70k-salary/ :-

"Price decided to hike his employees' pay after he read a study about happiness, which concluded that addtional income up until a salary of $75,000 a year can make a significant difference in a person's emotional well-being."