That Boss Who Set Minimum $70,000 Salaries for All Employees? Here’s How That’s Working Out So Far

Dan Price got a lot of kudos a few months back after establishing minimum $70,000 salaries for all employees at his credit card processing company, Gravity Payments, in Seattle.

Dan Price, after the big announcement in April. (Image source: New York Times screenshot)

“Income inequality has been racing in the wrong direction,” he told the New York Times. “I want to fight for the idea that if someone is intelligent, hard-working and does a good job, then they are entitled to live a...

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