Seattle Business Owner Raises His Workers' Min Pay to $70K

[Jangle]

A Seattle entrepreneur on Monday delivered a startling message to his employees — he is raising the minimum pay for all of his employees to $70,000, while reducing his own pay to the same amount from about $1 million.
Dan Price, the founder of Gravity Payments, said he increased the minimum pay to $70,000 because of concerns about income inequality — and also because he wants his workers to not have to worry about basic needs.






http://www.nbcnews.com/nightly-news/...70-000-n341546

[Lazie]

A Seattle entrepreneur on Monday delivered a startling message to his employees — he is raising the minimum pay for all of his employees to $70,000, while reducing his own pay to the same amount from about $1 million.
Dan Price, the founder of Gravity Payments, said he increased the minimum pay to $70,000 because of concerns about income inequality — and also because he wants his workers to not have to worry about basic needs.






http://www.nbcnews.com/nightly-news/...70-000-n341546

Saw the story a earlier this week. Very noble of him. From a million dollar salary to 70Gs?

[Willi]

Smart business too.