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TopicThis CEO raised the minimum salary of his employees to $70k
Hanky_Bannister
09/26/19 11:40:12 AM
#1:


this is a nice story

https://www.cnn.com/2019/09/25/business/gravity-increases-employee-minimum-salary-to-70k-trnd/index.html

A maverick CEO who slashed his own salary four years ago to raise his employees' pay is doing it again.

Dan Price, the head of Seattle-based Gravity Payments, said Tuesday that all of the employees in the company's new Boise, Idaho, office will earn a minimum annual salary of $70,000 by 2024.

higher wages have transformed the lives of his employees. They have been able to grow their families, more than 10% of employees have purchased a house for the first time and individual 401(k) contributions have more than doubled.

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