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Old 10-03-2016, 02:36 PM   #3783
Locke
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Quote:
Originally Posted by Bownesian View Post
Our shareholders are also people who deserve to have their investment curated and expanded in value, and our Board is legally obligated to them.

We fulfill that obligation in part by paying our core employees well (most of whom have nearly 2 decades of tenure) and keeping morale high by keeping them involved in labour and business decisions, and invested in the performance of the company so they can be as productive as they are. We can't afford to and will not make uneconomic decisions for emotional or ideological reasons.

We use our own analysis and keep our own council to determine how to leverage low cost/value employees and high cost/value employees appropriately.

I'm not going to answer your or any other investment/productivity/profit questions in any more fine detail as I feel you are hoping for a debating "win" to catch me in some kind of loophole that for some reason you see after looking at our numbers for a few minutes, that we missed after doing the same for years.

I am confident that we will cross the break-even point with a $15/hr minimum wage. If our employees ask us to hire more help (either directly by turning down the required overtime or by showing signs of being overly burnt out), we probably would reconsider, but for now those jobs are hard to justify.
Wow....as someone who is living in an NDP Province at the moment I cant imagine what that must be like...it sounds fantastic.
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