The life-changing results of one CEO’s decision to raise every employee’s salary to $70,000

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The life-changing results of one CEO’s decision to raise every employee’s salary to $70,000
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Running a successful business means keeping an eye on the bottom line and carefully investing profits. For Dan Price, CEO of Gravity Paymentswatching his employees deal with the financial struggles of living in the expensive city of Seattle led to a unique business decision: investing in his employees. 

Back in April 2015, Dan gave an across-the-board series of raises to bring every employee of his company to a minimum salary of $70,000 a year!

That $70,000 minimum wage decision made international headlines and actually caused a bit of controversy. But this episode of the Empowerment Zone isn’t about that controversy, and it isn’t the story previously reported in the media. This is the story of the employees of Gravity Payments, and how their boss’s radical decision led to changed lives and reciprocated generosity.

Listen: The story behind the employees of Gravity Payments and their decision to give back

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Kim Drobes About the author:
Kim is the Executive Producer for the Clark Howard Radio show. She also produces the Empowerment Zone segment for Clark which showcases inspiring people. Kim has been with Team Clark since 1998, and enjoys ping pong, photo booths and traveling anywhere a good deal takes her.
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