CEO Dan Price raised the salary of everyone at his Seattle-based credit card processing company

It was six years ago when CEO Dan Price raised the salary of everyone at his Seattle-based credit card processing company Gravity Payments to at least $70,000 a year.


Price slashed his own salary by $1 million to be able to give his employees a pay raise. He was hailed a hero by some and met with predictions of bankruptcy from his critics.

But that has not happened; instead, the company is thriving. Read More


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