A CEO with a Heart of Gold
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- Dan Price, CEO of Gravity Payments
- Drastic pay cut
- Dan Price surprised his employees when he decided to cut down his $1million yearly pay to a mere $70,000 to ensure that his employees will be able to earn the same in 3 years
- 23 states in #America will increase the minimum wage this year
To cut it short
This positive news garnered much attention especially in a time when nationally there is growing dissent over the huge gaps between top management and employee level pays. A hugely progressive step by this visionary CEO has even led to some of his employees to earn twice as much, and puts an ideal example which other large organizations will hopefully emulate.