Monday, August 13, 2012

Why should John or myself or anybody else on the executive team make 400 times more than the people working in the store?

There’s a cap on how much you can earn vs. how much store employees earn, correct?

That salary cap, which is 19 times the average worker pay every year, is a hard cap. We’ve had that for years. Long before the Wall Street meltdown. It’s a governance standard that helps us keep faith with one another. Why should John or myself or anybody else on the executive team make 400 times more than the people working in the store? We don’t have company cars; we don’t have company planes; we all live by the same rules.

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