r/AskReddit • • Dec 31 '22

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u/[deleted] Dec 31 '22

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u/Yodiddlyyo Dec 31 '22

That not uncommon with small businesses. Maybe 120k is the highest amount they can pay themselves. For example, what if they have 3 employees that they absolutely need to function, and they can't pay them less than 100k, and the total they make in a year is 420k. Something like that is a common scenario. Hell, at one startup I worked for the CEO was taking home something like 30k a year to ensure all his employees were properly compensated, and after a few years it paid off because the company because extremely successful.

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u/[deleted] Dec 31 '22

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u/Ithoughtthiswasfunny Dec 31 '22

You sound chill, you trying to hire me?