The Price is Right – Dan Price, CEO of Gravity Payments. Read this story about a Seattle entrepreneur who has taken a 90% pay cut to ensure that all his employees earn at least $70K a year. Mr Price, whose company
“We've definitely gained a handful of customers in the last day or two,” said Stefan Bennett, a customer relations manager at Gravity Payments, a credit card payment processing firm. “We're showing people you can run a good company, and you can pay
Dan Price, the CEO of Gravity Payments in Seattle, has touched off a national debate over his plan to pay all of his workers a yearly salary of at least $70,000. But where did that figure come from and what's behind it? The number, the CEO said, comes
Dan Price of Gravity Payments recently announced that every one of his 120 employees would soon be making a minimum of $70,000 a year—a minimum wage of $33.65 an hour. The media reaction to the story has been
A round-up of those whose worth went up or down this week: Rajeev Suri CEO, Nokia (Up), Dan Price CEO, Gravity Payments (Up), Raza Hasan cricketer (Down). Rajeev Suri, CEO, Nokia: Up Finnish mobile equipment company Nokia will acquire French