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Dan Price, the CEO of Seattle-based credit card processing company Gravity Payments, made headlines five years ago for voluntarily slashing his million-dollar salary. He took the salary cut to pay his entire staff a minimum wage of $70,000, believing it was the right way to give his employees a morale boost while making sure they receive
Dan Price is definitely a CEO you would love to work for. The 35-year-old leader of the credit card processing company Gravity Payments initially caught media attention back in 2015, when he lowered his $1 million annual salary by 90 percent. He then brought the minimum salaries of his staff to $70,000 per year. In
A CEO of a credit card processing company is giving his employees more than they’re desired compensation by raising their salaries to over half of what they’re currently receiving. Dan Price, CEO of Seattle-based Gravity Payments announced on Tuesday that all of the staff at the company’s new Boise, Idaho, office will earn a minimum