When Henry Ford started paying his factory workers $5 a day he became a national hero and his company's reputation improved. (We'll ignore his later support for a certain German leader!)
Disney ought to announce that starting in May of 2007 the minimum wage of all (non-tipped) Disney employees in its American parks will be ten bucks an hour. It's approaching that now and if it just creeps there, passing the $10 figure along with WalMart it won't get any attention. But if Disney announces this now it will receive positive national attention and dramatically improve it's applicant pool.
There will be some additional income from those who like to feel good about the businesses they support. Whole Foods makes billions from families who want to feel good about their purchases, and Trader Joe's, Costco, and Starbucks have all been successful while compensating their employees more than most of their competitors.
--Yksnis Mot
Disney ought to announce that starting in May of 2007 the minimum wage of all (non-tipped) Disney employees in its American parks will be ten bucks an hour. It's approaching that now and if it just creeps there, passing the $10 figure along with WalMart it won't get any attention. But if Disney announces this now it will receive positive national attention and dramatically improve it's applicant pool.
There will be some additional income from those who like to feel good about the businesses they support. Whole Foods makes billions from families who want to feel good about their purchases, and Trader Joe's, Costco, and Starbucks have all been successful while compensating their employees more than most of their competitors.
--Yksnis Mot
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