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

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

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