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todayilearned
Jan 02, 2020
TIL that Lee Valley, a Canadian woodworking tool company, pays their employees on a “slope”. This means the top paid CEO cannot make more than 10 times the lowest paid employee. It also means the same CEO gets the same cut of their profit sharing as the lowest paid employee
average executive pay
business
canada
company
economy
engaged staff
executive pay
flatter pay structure
lee valley tools ltd.
leonard lee
lowest-paid cleaner
manufacturing
ontario
ottawa
our time to lead
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pay slope
pay structure
retail
retention
top marketing executive
traditional pay ratios
united states of america
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worker pay
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todayilearned
Jun 11, 2019
TIL that according to a leaked Warner Bros. receipt, Harry Potter and the Order of the Phoenix lost $167 million USD despite grossing $900 million USD worldwide
business
economy
energy
management
marketing
markets
new zealand
news
personal finance
telecommunications
todayilearned
Apr 27, 2019
TIL a city in China is enforcing a social credit score system for dog owners. Owners begin with 12 points but lose points for walking a dog without a leash, not cleaning up poo or being reported for disturbance. Loss of 12 points results in loss of the dog until its owner passes a test on pet policy
10 years after wenchuan
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since ’78
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todayilearned
Apr 04, 2019
TIL Honda kept its aircraft development project a secret from Soichiro Honda who was retired at the time, they worried that he might insist on resuming an active role if he got wind of the aircraft project because he loved aircrafts so much.
aviation
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