The life-changing results of one CEO’s decision to raise every employee’s salary to $70,000
Trying to make the most of life changing results one? You are in the right place. Below we break it down in plain English, with practical tips you can actually use.
Key Takeaways
- Advertisement Running a successful business means keeping an eye on the bottom line and carefully investing profits...
- For Dan Price, CEO of Gravity Payments, watching his employees deal with the financial struggles of...
- That $70,000 minimum wage decision made international headlines and actually caused a bit of controversy.
Running a successful business means keeping an eye on the bottom line and carefully investing profits. For Dan Cost, CEO of Gravity Payments, watching his employees deal with the financial struggles of living in the expensive city of Seattle led to a unique business decision: investing in his employees.
Back in April 2015, Dan gave an across-the-board series of raises to bring every employee of his company to a minimum salary of $70,000 a year!
That $70,000 minimum wage decision made international headlines and actually caused a bit of controversy. But this episode of the Empowerment Zone isn’t about that controversy, and it isn’t the story previously reported in the media. This is the story of the employees of Gravity Payments, and how their boss’s radical decision led to changed lives and reciprocated generosity.
Listen: The story behind the employees of Gravity Payments and their decision to give back
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Before you check out, double-check life changing results one against current offers and any coupons you can stack. Small habits like this add up to real savings over a year.
Originally published at clark.com.
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