Networks Ignore Problems Caused by $70k Minimum Wage

The man called America’s “Boss of the Year” (at least, by ABC News) is facing problems, including a staff exodus, after giving a massive to boost to many of his employees’ salaries.

Seattle-based Gravity Payments CEO Dan Price announced in April 2015 that he would implement a minimum $70,000 salary for all his employees. Back then,  ABC, NBC and CBS pounced on the story and praised Price.

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