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Joined 1 year ago
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Cake day: October 6th, 2023

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  • And even if they could, it would simply end in all management leaving the company the next day, the company going bankrupt and all of the empolyees losing their jobs.

    The management would all leave? I wonder how often that actually happens? I’d totally believe never. If you offered the management a lot less money, they could walk, but more likely, only some would walk. And in any case, then you could also promote employees from within the company. I bet there’s a department manager that wouldn’t mind the huge pay increase that comes with a c-level promotion, even if it does come with a million dollar bonus rather than a billion.

    If you adjusted salaries slowly, say over the course of 5 years, managers could leave (if they really wanted to) gradually, you’d have time to replace people for a much smoother transition.