Dunkin' Donuts CEO Nigel Travis says it's just not fair that he makes $4800 an hour while his store employees make $15 an hour. To correct the situation, he thinks they should earn $12 an hour.
It's curious that Travis would argue that paying low-income people money – and in this case, $15 per hour isn't a whole lot of money in an expensive state like New York, it amounts to around $30,000 per year, which is fairly modest – would have cataclysmic impacts on his company and others.
After all, Travis's own compensation is through the roof. His most recent annual salary was $990,385. If you add in stock options and other non-salary benefits, his total compensation is calculated at over $10.2 million.