http://www.bloomberg.com/features/2015-gravity-ceo-dan-price/
Article alleges he was retaliating and/or reacting to a lawsuit from his partner suing him for grossly overpaying himself. The wage hike was just publicity or possibly a way to drop profits even further.
"
Price announced his magnanimous act a month after his brother sued him for, in essence, being greedy....
In a follow-up interview in mid-November, I pressed Price about the inconsistency. How could what he told me about being served two weeks after announcing the raise be true when the court records indicated otherwise?
“Umm, I’m not, I have to look,” he said.
The court document, I said, definitely says March 16.
"
Didn't he also cut his own pay at the same time (IIRC, it was to either to $1 per year or the same $70k as his employees). So it looks like an attempt to ward off/provide a defense to the lawsuit.
I have been saying this for years. Not so much in the IT realm, thought it could apply, but with cops. Don't like the people applying to be cops at 30k a year (local cop shop starting wage)? Then kick it up to 35 or 40, that should drastically increase the quality of applicants, even bring in people looking to switch careers, and it will allow the agency to be more selective in their psych profiling.
Actually, no. Most people who become cops aren't doing it for the money. It's like a calling. They've wanted to be cops since they were kids. I know, I met a lot of them when I on Active Duty. They all had the same plan. (In fact I often wondered if they taught recruiters to pitch "The Plan" to any kid they met that said they wanted to be a cop.)
"The Plan":
Most cop shops required (at the time) that you be at least 21 and have either some college or an Associates Degree in Criminal Justice, before you could even take the test.
So what to do when you are 18, want to be a cop, but can't swing college? Join the Army as an MP.
You get:
Four years of Law Enforcement experience.*
You can take college classes while serving and if you are diligent you could get an Associates Degree in those 4 years.
You get the Veteran's Preference Points on whatever Civil Service/Police Academy test they make you take. So if you do halfway decent, you're at or near the top of the hiring list.
Plus you now have the GI bill so you can complete your BS degree.
*- YMMV, we were Direct Support so, we spent
A LOT of time in field doing combat stuff, not so much LE stuff. But four years as an MP is 4 years as an MP. And you have something that the "College Boys" don't have. The Tee-shirt. As in BTDT. Most cop shops like experience.
Damn near every one of my existing troops and the new ones that came in over the next four years gave me the above answer when I asked them why they joined the Army and became an MP. Not one mentioned money, they all talked about what department or agency they wanted to go to work for.
