
33. What should I pay my first employee?
04/18/22 • 9 min
2 Listeners
Here’s today’s letter:
I’m finally doing it! I’m starting my own business. Things are going better than expected and I’ll need to hire people soon. What should I pay?
Link from today's discussion:
https://livingwage.mit.edu/
Here’s today’s letter:
I’m finally doing it! I’m starting my own business. Things are going better than expected and I’ll need to hire people soon. What should I pay?
Link from today's discussion:
https://livingwage.mit.edu/
Previous Episode

32. Is it ethical to be a billionaire?
Here’s today’s listener letter:
A friend and I recently got into a debate about whether or not there’s such a thing as an ethical billionaire? What do you think? I don’t think Billionaires should exist but my friend says that innovators should be incentivized to improve the world.
Links from today's discussion:
Walmart and McDonald’s employees are
Wealth Hoarding in America
https://fortune.com/2020/07/14/billionaires-philanthropy-coronavirus-crisis/
America’s billionaires have a hoarding problem
https://fortune.com/2020/07/14/billionaires-philanthropy-coronavirus-crisis/
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Welcome back! This is a podcast that sits at the intersection of social justice and money. Usually we talk about ways to line up our personal values and our money. Every week, I take a question that a listener has sent in, about something that’s keeping them up at night and how they might use their money to help, and provide some gentle and realistic suggestions.
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Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want - 33. What should I pay my first employee?
Transcript
Here’s today’s letter:
I’m finally doing it! I’m starting my own business. Things are going better than expected and I’ll need to hire people soon. What should I pay?
First of all, congratulations on your new business! Small businesses are incredibly important for our economy- almost half of Americans work at a small business, that’s 47% of Americans according to the Small Business Administration. So creating a job is huge.
The fact that you’re even thinking about being
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