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What If Your Salary Grew 1% Every Day?

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What If Your Salary Grew 1% Every Day?

8 просмотров · 9 дн. назад
Cheat Code Capital
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8 просмотров · 9 дн. назад
Your pay goes up 1% every single day, and nobody can lower it. Day 1: $100. Day 700: $104,867 a day. Then the board tries to fire you, in the one U.S. state where they can't just do that, and the company finds a way to make you choose. Chapters 0:00 $104,867 a day 0:53 The rule 1:51 The fun part 2:59 The number 4:10 Good cause 5:11 The projection 6:08 Cost savings 7:00 The offer 8:07 Is any of this real? It's 11:59 on day 760. You make $190,000 a day, and 360 jobs depend on your signature. Do you sign? Money notes 1% a day compounds: 1.01 to the power of 365 is about 37.8. U.S. salary increase budgets run about 3.5% a year. Montana is the only U.S. state without at-will employment; after probation, firing needs good cause. Chapter 11 lets a company reject contracts it signed. The WARN Act requires 60 days' notice for a closing that costs 50+ jobs at a company with 100+ workers. Sources https://www.shrm.org/topics-tools/new... https://jamesclear.com/continuous-imp... https://www.irs.gov/newsroom/irs-rele... https://mca.legmt.gov/bills/mca/title... https://mca.legmt.gov/bills/mca/title... https://www.sec.gov/Archives/edgar/da... https://data.worldbank.org/indicator/... https://www.law.cornell.edu/uscode/te... https://www.bls.gov/news.release/wkye... https://www.law.cornell.edu/uscode/te... Not financial or legal advice. Story is fiction; facts are sourced. #whatif #animation #money