Changes in net income don’t necessarily mean more money around, it probably involves an increase in costs too. Net profit is what to focus on.
And a “50 cent” raise is per hour per employee per year so for 1000 employees every 50 cents is $1 million per year. Obviously still small compared to a $100 million buyback.
There’s an argument to make here but this post specifically is not a particularly good example of it.
Changes in net income don’t necessarily mean more money around, it probably involves an increase in costs too. Net profit is what to focus on.
And a “50 cent” raise is per hour per employee per year so for 1000 employees every 50 cents is $1 million per year. Obviously still small compared to a $100 million buyback.
There’s an argument to make here but this post specifically is not a particularly good example of it.