Anti-Obama CEO gave his employees raises after election
David Siegel made headlines for telling his staff that an Obama second term could mean unemployment for them. Instead, he gave them raises.
Last month, the CEO of Westgate Resorts in Florida drew attention for emailing his employees to warn them that they may get fired if Obama gets re-elected.
Well, the election came and went, and Siegel’s horse lost the race. So, how many employee has he canned? None. In fact, it’s quite the opposite.
The CEO, who is attempting to build the nation’s largest private home, told Businessweek that he gave his employees a boost in their pay.
“I don’t know [if I’m going to lay off anyone]. I’m going to work my hardest to keep the company going and expand the best I can. We’ll see what happens. Meanwhile I gave everybody in the company a raise this weekâthe average was 5 percent. I wanted to help them handle the additional burdens the government will put on them.”
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