A billionaire explains the middle class
On Thu, 25 Dec 2014 20:38:07 -0600, "David R. Birch"
wrote:
Are there salaried employees working full time and making only $23,660?
That amount over 52 40 hour weeks is $11.375 an hour.
Many businesses have multiple "managers" on salary making
this little. Food service and chain retail stores are prone
to having a day manager, an evening manager, a night
manager, etc. with no authority to decide anything, and no
employees they supervise. Two prong approach: (1) The
employee gets a title instead of a raise; and (2) the
employee is overtime exempt. What's not to like?
--
Unka' George
"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants,
but debt is the money of slaves"
-Norm Franz, "Money and Wealth in the New Millenium"
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