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How a CEO transformed his company by setting a £54k minimum wage

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

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Dan Price, co-founder of Gravity Payments, took a $1m salary cut to pay all his staff the same wage. Five years on, they are thriving

Religious nut, is he? No. Dan Price is the co-founder of Gravity Payments, a credit card processing and financial services company.

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 /  🏆 84. in JP
 

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Even the real reason was something else (publicity etc), it's still great👍

Brilliant

Progressive thinking in business works. Many businesses will not do the same. Living wages are dirty words.

“Dan founded a credit card and payments company”.... “sO HeS a BaDdIE?” 🥴

Sounds too good to be true

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