Imagine how much money they could take if they OT us all after 50 ?
And top scale or not doesn't matter. If everyone gets a $1 raise. That's pretty simple math. I am sure the tiers would be skewed.
But it's his example. And rough numbers or not, he makes a strong statement as to the quickness at which your hourly rate becomes millions on the other end.
$25 an hour times 40 hours time 52 weeks times 16000 employees is $832,000,000. Rounded numbers. But so what ? Those numbers got big fast. And how many of us only work 40 hours ? Do you really wanna have everyone chime in with their yearly wages to calculate the companies total labor cost ? You can probably get that information on some financial site somewhere.