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When a CEO realized many of his employees were on food stamps, he made a change to their paychecks.

He didn't do it purely out of the goodness of his heart, but it's still a big deal.

Let's be real. Health insurance companies are notoriously stingy.


"What do you mean you'll only pay for $2.79 of my $473,000 gum surgery?!"

But at least one big health insurer is fighting that reputation, at least where its employees are concerned.

Aetna CEO Mark Bertolini was shocked to learn that many workers in the company's call centers made so little money they rely on food stamps and Medicaid to get by, according to an NPR report.

Rather than let them continue to struggle, he decided to do something about it.

The Aetna CEO raised the salaries of all of his lowest-paid employees to $16/hr.

Bertolini didn't just do this out of the goodness of his heart.

He did it because it made good economic sense.

The cost of raising the wages for Aetna's lowest-paid workers is significant, even for a massive corporation:

"[Aetna CEO Mark] Bertolini ... discovered the cost of boosting compensation for his low-paid workers would be significant — about $27 million a year."

But, when you look at the company's long-term financial future, it turns out paying that $27 million a year is totally worth it.

"But he also found that research shows there are costs associated with paying low wages. Low-paid workers quit more often, and the turnover is expensive. There's also evidence higher-paid employees provide better customer service. Bertolini thought the potential benefits could offset the $27 million cost and improve his company's profits in the long run." — John Ydste, NPR

At a time when worker productivity is rising faster than wages, and workers across America are walking off the job to call for a $15/hr minimum wage, a move like this is a pretty big deal.

Paying employees a living wage is also part of a larger trend.

Not sure I need that giant bag of tilapia, but it's only $3.99!

Just a few weeks ago, Gravity Payments CEO Dan Price announced that he was taking a pay cut and raising starting salary at the company to $70,000/year.

And thriving companies like Costco and The Container Store already pay their retail workers far higher average salaries than the industry standard on the theory that higher wages lead to greater productivity and better employee retention.

We shouldn't wait for more companies to do this voluntarily.

It's important to keep pushing for higher, fairer wages for employees across all industries. A $15/hr minimum wage should be the absolute baseline.

In the meantime, it's great that more and more corporations are realizing that treating your employees with dignity and respect — and paying them accordingly — is not just more ethical.

It's also good for business.

True

Innovation is awesome, right? I mean, it gave us the internet!

However, there is always a price to pay for modernization, and in this case, it’s in the form of digital eye strain, a group of vision problems that can pop up after as little as two hours of looking at a screen. Some of the symptoms are tired and/or dry eyes, headaches, blurred vision, and neck and shoulder pain1. Ouch!

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Chris Hemsworth and daughter.

This article originally appeared on 08.27.18


In addition to being the star of Marvel franchise "Thor," actor Chris Hemsworth is also a father-of-three? And it turns out, he's pretty much the coolest dad ever.

In a clip from a 2015 interview on "The Ellen DeGeneres Show," Hemsworth shared an interesting conversation he had with his 4-year-old daughter India.

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Joy

A 92-year-old World War II fighter pilot flies her plane for the first time in 70 years.

"It's the closest thing to having wings of your own and flying that I've known."

Photo pulled from BBC YouTube video

World War II vet flys again.

This article originally appeared on 05.19.15


More than 70 years after the war, a 92-year-old World War II veteran took to the sky once again.

It's been decades since her last flight, but Joy Lofthouse, a 92-year-old Air Transport Auxiliary veteran, was given the chance to board a Spitfire airplane for one more trip.


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This article originally appeared on 08.20.21


Sometimes you see something so mind-boggling you have to take a minute to digest what just happened in your brain. Be prepared to take that moment while watching these videos.

Real estate investor and TikTok user Tom Cruz shared two videos explaining the spreadsheets he and his friends use to plan vacations and it's...well...something. Watch the first one:

So "Broke Bobby" makes $125,000 a year. There's that.

How about the fact that his guy has more than zero friends who budget $80,000 for a 3-day getaway? Y'all. I wouldn't know how to spend $80,000 in three days if you paid me to. Especially if we're talking about a trip with friends where we're all splitting the cost. Like what does this even look like? Are they flying in private jets that burn dollar bills as fuel? Are they bathing in hot tubs full of cocaine? I genuinely don't get it.

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Pop Culture

Someone asked strangers online to share life's essential lessons. Here are the 17 best.

There's a bit of advice here for everyone—from financial wisdom to mental health tips.

Photo by Miguel Bruna on Unsplash

Failure is a great teacher.

It’s true that life never gets easier, and we only get continuously better at our lives. Childhood’s lessons are simple—this is how you color in the lines, 2 + 2 = 4, brush your teeth twice a day, etc. As we get older, lessons keep coming, and though they might still remain simple in their message, truly understanding them can be difficult. Often we learn the hard way.

The good news is, the “hard way” is indeed a great teacher. Learning the hard way often involves struggle, mistakes and failure. While these feelings are undeniably uncomfortable, being patient and persistent enough to move through them often leaves us not only wiser in having gained the lesson, but more confident, assured and emotionally resilient. If that’s not growth, I don’t know what is.

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