Young Business Owner Shares All Her Profit With Employees And Teaches 'A Lesson In Labour Exploitation'

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Young Business Owner Shares All Her Profit With Employees And Teaches 'A Lesson In Labour Exploitation'

A young business owner has generated huge publicity after sharing company profits with her employees, guaranteeing that they have a decent standard of living.


Madeline Pendleton, who is based in Los Angeles and owns her own vintage fashion line 'Tunnel Vision', as well as being a social-media influencer, makes sure our employees get $70,000 a year and only work four days a week.


If the wages had not been split equally, the business owner could have walked away with $420,000 profit this year alone.


In a TikTok video, she spoke about sharing the wealth of the company and how it was unacceptable that so many businesses make billions while leaving their employees with almost nothing. She said:


"Let's imagine I paid them just the minimum wage and I kept the rest. The minimum wage for my company in LA is 14.25 per hour because we have less than 25 employees. I have the same salary as everyone else. That is the only compensation from the job. When there are extra profits throughout the year, we do things for everybody. After we netted a huge profit from a recent sale, we bought everyone who needed one, a new car, paid off the remaining car loans for everybody else."


The business owner also spoke of the other benefits provided by the company, saying:


"We also put an option for people who didn't drive, telling them: 'Hey if this changes in the future, and you want to drive, we got you.' So ya, we do sh*t like that and get as close to zero as possible. There's no profit leftover and we're distributing it all year long."



This isn't the first business to make headlines in this way. Dan Price, the head of a credit card payment processing company 'Gravity Payments' announced a few years ago that he would take a pay cut of $1 million in order to put in a $70,000 minimum annual salary for all of his employees. The business is now thriving.



While these efforts are welcome, others claim that these are merely minor solutions that do not change the fundamental way in which the economy works, leaving power in the hands of a few business leaders who can choose, or choose not to, act in a moral fashion.


[h/t: Upworthy]


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Thinking Humanity: Young Business Owner Shares All Her Profit With Employees And Teaches 'A Lesson In Labour Exploitation'
Young Business Owner Shares All Her Profit With Employees And Teaches 'A Lesson In Labour Exploitation'
A young business owner has generated huge publicity after sharing company profits with her employees, guaranteeing that they have a decent standard of
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