So emailed Oates stump, and hundreds of thousands of his colleagues, suggesting that Wells Fargo give everyone a $ 10,000 increase , according to the Charlotte Observer. Around 300,000 people, that would be about 3 billion dollars, or about $ 4.71 per hour, so that $ 17.9 billion in corporate profits.
Stumpf total compensation last year, $ 19.3 million, or 473 times the average employee Wells Fargo , according to Bloomberg.
The letter by e-mail sent its way online at Reddit. Oates does not provide:
Oates told the Observer that he, though some might ask no remorse, whether burned both ends of the bridge where I was standing. He received numerous e-mails again thanks, but nothing stump, and is apparently still working at Wells Fargo. He worked for nearly seven years and has seen its sales from $ 13 to just over $ 15 per hour. Oates is not worried about how his manager told him that he was not in trouble.Of course, the company did not give, great, great benefits, and DPF for those who participate in our 401k program. While the benefits are good, the incentive through the 401k does exactly the same company and its shareholders more profitable, and not really to improve here the income of thousands of us every day Tun made the company the prestigious powerless.
Last year you had a circulation of over 19 million dollars more than most people will see in our lives. You understand that your position has a lot of weight and responsibility; With a basic salary of 2.8 million dollars and bonds worth $ 4,000,000, however, is only one of the main arguments of income inequality. If the vast majority of sources indisputable advantages, with the exception of executive positions barely enough to live comfortably on your own, the distribution of income in this society is not better than the other major players corporate world.
This is what Wells Fargo, told The Huffington Post when asked about the situation. "We offer attractive remuneration package, which combines the market base salary of a wide range of services and professional development of the team members of the team and receive an annual salary and performance evaluation. Each level of the remuneration of the members of the team to surpass the federal minimum clear."
One question: If everyone has an extra $ 10,000 means the stump is included? You may want to consider the proposal seriously.
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