Knowledge

A rich man who pays an employee an annual salary of $ 70,000

This time I want to share the story of a very rich man. His name is Dan Price, and as a company owner, he was surprised that everyone at his company was paid at least $ 70,000 a year. In Burmese currency, every employee of his company earns no less than 95 million kyats a year. This is not the first time this has happened since 2015.

What happened to him was a few years ago. At the time, he and his girlfriend Valerie were hiking in the Cascade Mountains. We climbed the mountain, walked together, and talked. This is where Valerie reveals some of her challenges. In addition to being in debt, the landlord is in dire straits with an additional $ 200 a month in rent.

Dan Price was shocked and upset to hear about his friend. Valerie worked in the military for 11 years. After leaving the military, I worked at least 50 hours a week in two jobs. Even so, owning one is still beyond the reach of the average person. In fact, Valerie earns more than $ 3,000 a month and earns about $ 40,000 a year. But that’s income is not enough to rent a good house in a place like Seattle. At the same time, Dan Price wondered if my staff and their salaries were enough.