Did you know that Starbucks is one of America's biggest...

Did you know that Starbucks is one of America's biggest corporate thieves?

Companies like Starbucks can legally pay below minimum wage in some U.S. states and several Canadian provinces/territories. So let's say the general minimum wage in a particular state or province is $12, Starbucks can pay below that (sometimes as low as $3), with the "American rationale" being that tips will fill the gap between the wage being paid and the minimum wage.

Interesting concept isn't it?

• Pay someone $3/hr (in America, as you know, your taxes don't go to healthcare in most cases)
• Charge $7 for the world's most average coffee
• Let the customer provide "tip in" the gap

Maybe fund managers like Magellan should adopt that model? Wouldn't that be a nice incentive to provide a good service and actual results?

Maybe their PM's can start on $20,000 annual salaries, and if they outperform, the performance fees lead them into six figure territory?