Sunday, 24 January 2021

Whatever happened to the company that decided to pay all of its employees a $70K minimum wage?

Back in 2015, Dan Price of the credit card processing company Gravity Payments decided to pay everyone at his company a minimum salary of $70,000 a year, including himself. In the immediate aftermath, only two long-time employees left the company (out of 120 people), and Rush Limbaugh called it, "a case study in MBA programs on how socialism does not work." — Read the rest