Employees give CEO a new car after he shared the wealth

A gift from his employees — a new Tesla — was another big win for Gravity Payments CEO Dan Price, who beat back a lawsuit brought against him by his brother. As Gravity Payments’ lawsuit saga wound to a close, CEO Dan Price had one more work surprise waiting for him — a brand newContinue reading “Employees give CEO a new car after he shared the wealth”

CEO Dan Price of Gravity Payments takes 90% pay cut to ensure that all his employees make at least $70,000 a year by the next 3 years

Price, who heads up the Seattle payment processing firm Gravity Payments that he founded, has pledged to make sure all of his staffers make at least $70,000 annually in the next three years. To do that he’s cutting his $1 million salary to $70,000, and dipping into the firm’s annual $2 million in profits. ThisContinue reading “CEO Dan Price of Gravity Payments takes 90% pay cut to ensure that all his employees make at least $70,000 a year by the next 3 years”