Bored Panda works better on our iPhone app
Continue in app Continue in browser
BoredPanda Add Post

The Bored Panda iOS app is live! Fight boredom with iPhones and iPads here.

Store Owner Explains How Labor Exploitation Works, Says She Earns ’70k Like Everybody Else’
104points
4.3K
Social Issues11 months ago

Store Owner Explains How Labor Exploitation Works, Says She Earns ’70k Like Everybody Else’

Madeline Pendleton has built a name for herself largely through her online presence, advocating for ethical consumption and representing counterculture.

But she also owns Tunnel Vision, a clothing line and vintage shop in Los Angeles. The brand champions size inclusivity, sustainability, and economic equality. It’s also dedicated to sweatshop-free manufacturing and makes monthly donations to Equality California and Black Lives Matter.

Plus, Madeline took a huge pay cut so that her employees could earn a decent living.

Image credits: DeeLaSheeArt

Recently, small business owner and fashion icon Madeline Pendleton released a TikTok to discuss labor exploitation

@madeline_pendletonReply to @octig #greenscreen♬ original sound – Madeline Pendleton

Madeline’s business model reminds that of Dan Price’s. In 2015, the CEO of Gravity Payments made headlines all over the world when he announced that his employees would receive a minimum salary of $70,000.

To finance this move, Dan cut his own $1.1M pay by 90%. At the time, this decision received a lot of criticism but 6 years later, the company is thriving and Price said it has made him happier and a better boss.

Image credits: madeline_pendleton

Image credits: madeline_pendleton

Madeline’s store makes over half a million dollars per year

Image credits: madeline_pendleton

Image credits: madeline_pendleton

You don’t hear about these things very often. In fact, you could call Madeline’s business an anomaly. A report by the Economic Policy Institute states that the average CEO pay is 271 times the nearly $58,000 annual average pay of the typical American worker.

Even though some argue that CEO pay is based on experience and high demands that come with the role, the study finds that’s actually not the case.

“CEOs are getting more because of their power to set pay, not because they are more productive or have special talent or have more education,” the report says. “Exorbitant CEO pay means that the fruits of economic growth are not going to ordinary workers, since the higher CEO pay does not reflect correspondingly higher output.”

For comparison, in 1978, CEO earnings were roughly 30 times the typical worker’s salary.

In the UK, the bosses of FTSE 100 companies now earn 117 times the salary of their average worker.

She could pay her employees just $14.25 an hour

Image credits: madeline_pendleton

Image credits: madeline_pendleton

This would equate to $177.8K per year

Image credits: madeline_pendleton

Image credits: madeline_pendleton

And take home well over $400K

Image credits: madeline_pendleton

But she refuses to do so and splits the profits equally with everyone working in the store

@madeline_pendletonReply to @jimmyboy_1969♬ original sound – Madeline Pendleton

People are loving her business model

Image credits: i8yomomma

Image credits: shoptunnelvision

Image credits: shoptunnelvision

Image credits: MMiyukiM2

Image credits: jayypill

Image credits: boooitsnia

Image credits: nosliwnibrok

Image credits: elko_notes

Image credits: iammarsamarna

Share on Facebook
You May Like
Popular on Bored Panda
Leave a comment
WilvanderHeijden
Community Member
11 months ago

And again an employer proves that there's no need to exploit your employees. What I love however is the "lower middle class". I didn't know that the US had a system of classes but suddenly it hit me that that explains why people treat other people so lousy. The US thinks in classes and the pariahs are treated without any respect. The abolition of slavery and segregation created a new system to humiliate people. Your wealth defines your privileges in the US and I can see why having a universal health care poses a threat to a lot people. It must be quite menacing to have to live with the knowledge that your employees have access to the same health care as you do.

Ashley Dopp
Community Member
11 months ago

Yup. Even those barely scraping by will still look down their nose at a homeless person thinking that they are more akin to their billionaire CEO than the poor man sleeping on the street. It's is bizarre.

Load More Replies...
Pearl
Community Member
11 months ago

I hope others will follow in her footsteps!

Montana
Community Member
11 months ago

Yes! How sivilized western societies and people still do slave vs. king work. "271 times more pay"This is what we should discuss way more than many other stuff!

Load More Replies...
WilvanderHeijden
Community Member
11 months ago (edited)

On a side note: Today a Dutch Court declared the Über-construction illegal under Dutch law. According to Dutch law they are an employer and as such they have to pay their employees livable wages and are responsible for securing a pension plan, cover the 20 mandatory vacation days and cough up a lot of social premiums that employers have to pay. They will also have to pay all the employees outstanding wages over the time that Über considered them contractors. In February Deliveroo lost a similar case forcing them to treat people who are working for them as employees instead of contractors.

Damon Tripodi
Community Member
11 months ago (edited)

How are they not contractors? I just don't understand. They set their own hours they accept or decline assignments. They work when they want. That's a contractor. never mind the wage for a moment.

Load More Replies...
Load More Comments
WilvanderHeijden
Community Member
11 months ago

And again an employer proves that there's no need to exploit your employees. What I love however is the "lower middle class". I didn't know that the US had a system of classes but suddenly it hit me that that explains why people treat other people so lousy. The US thinks in classes and the pariahs are treated without any respect. The abolition of slavery and segregation created a new system to humiliate people. Your wealth defines your privileges in the US and I can see why having a universal health care poses a threat to a lot people. It must be quite menacing to have to live with the knowledge that your employees have access to the same health care as you do.

Ashley Dopp
Community Member
11 months ago

Yup. Even those barely scraping by will still look down their nose at a homeless person thinking that they are more akin to their billionaire CEO than the poor man sleeping on the street. It's is bizarre.

Load More Replies...
Pearl
Community Member
11 months ago

I hope others will follow in her footsteps!

Montana
Community Member
11 months ago

Yes! How sivilized western societies and people still do slave vs. king work. "271 times more pay"This is what we should discuss way more than many other stuff!

Load More Replies...
WilvanderHeijden
Community Member
11 months ago (edited)

On a side note: Today a Dutch Court declared the Über-construction illegal under Dutch law. According to Dutch law they are an employer and as such they have to pay their employees livable wages and are responsible for securing a pension plan, cover the 20 mandatory vacation days and cough up a lot of social premiums that employers have to pay. They will also have to pay all the employees outstanding wages over the time that Über considered them contractors. In February Deliveroo lost a similar case forcing them to treat people who are working for them as employees instead of contractors.

Damon Tripodi
Community Member
11 months ago (edited)

How are they not contractors? I just don't understand. They set their own hours they accept or decline assignments. They work when they want. That's a contractor. never mind the wage for a moment.

Load More Replies...
Load More Comments
Popular on Bored Panda
Popular on Bored Panda
User Submissions
Also on Bored Panda
Also on Bored Panda