Inequality in pay has been an issue as far back as I can remember, mind you I am only 26 years old.
Nike decided to hit the problem head-on by restructuring their bonus system and giving 7,000 employees raises.
This is a great move for pay equality and also, in my opinion, I think it will be a great way for them to get a boost in sales. Companies that treat their employees fair are more likely to see an increase in sales because consumers feel better about spending their money with a company that treats everyone fair than a company that puts all their money in the CEOs pocket. I know I do at least and I can’t be the only one.
Truthfully I hope this spirals into a new trend and more companies follow suit.
Did you know that it is impossible for anyone in this country to live off of only minimum wage!
Let that resonate with you for a moment. That means you would have to get a second job. If you’re a single parent then that isn’t always an option. If you don’t have a vehicle, this isn’t always an option either.
Hell, I had to move 600 miles from Boston to Pittsburgh just to be able to afford to live on my own.
Good job Nike!