2 years ago
vonchio
in English · 7,296 Views
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CEO sets a minimum wage of $70,000 for everyone in his company
“Is anyone else freaking out right now?” said Dan Price, the owner of a small Seattle-based credit card processing company, to a room full of his employees after he informed them of his new salary policy. “I’m kind of freaking out.”
vonchio clipped in 2 collections
3 comments
Ha the picture is so appropriate. Would love to work at that amount of money TBH. I can see him pulling it off, credit is a big industry in and of itself. Just look was square's been able to do in the past few years.
2 years ago·Reply
10
It's great that he's cutting his own, and other "big boss" salaries in the company to be able to do this. It wouldn't be hard for other companies tod o the same, but they dont' want to.
2 years ago·Reply
10
only small companies will do that because they have to give financial incentive to grow faster
2 years ago·Reply