Zappo's deal is sweet redemption for low-paid shoe grunts

Alex Salkever

That giant slapping sound you're hearing right now is the din of high-fives echoing through the corridors of Zappos headquarters in Henderson, Nevada as Tony Hsieh's low-paid shoe grunts taste sweet redemption. Hsieh is known as a marquee CEO and master Twitterer but also as a man who believes company culture is more important than size of paycheck. According to this May 2009 Inc. Magazine profile, Hsieh pays entry level customer service reps a $11 per hour and warehouse workers only $8.25 per hour -- essentially a subsistence level existence.

With Amazon (AMZN) reportedly offering $40 million cash and stock to Zappo's employees, Hsieh's troops are finally looking like real money. So how much does that tally up to per Zappista?