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The $70,000 Minimum Wage

Jul 2, 2015

Featured speakers: Dan Price, Kelly Evans

Dan Price is the CEO of Seattle-based Gravity Payments. He now earns his company's minimum wage, which he recently set at $70,000. In an age of super-salaries for top executives and growing income inequality, Price says his decision was values based, but that he also expects it to boost Gravity's bottom line. Could the Gravity story be on the front end of a culture shift?