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| Re: COVID-19 updates (1700351) | |||
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Re: COVID-19 updates |
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Posted by Henry R32 #3730 on Mon Feb 17 03:47:07 2020, in response to Re: COVID-19 updates, posted by Henry R32 #3730 on Mon Feb 17 02:43:02 2020. Also regarding income inequality - the way we approach raises guarantees it.Picture two employees performing different jobs at the same company. Employee A earns 50k, Employee B earns 100k. The company announces a 2% cost of living raise for all staff. Now, Employee A earns 51k and B earns 102k. The income gap between A and B also increased by 2%! This can be solved if, for example, you average the employee salaries together, take 2% of that average, and issue that as a flat raise. The company is spending the exact same additional amount of money either way, but the income gap has not increased. |
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