07-08-2015, 09:45 PM
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#981
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Goon Squad Leader
Join Date: Nov 2004
Location: Seattle
Posts: 27,063
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One company's new minimum wage: $70,000 / year
Quote:
The idea began percolating, said Dan Price, the founder of Gravity Payments, after he read an article on happiness. It showed that, for people who earn less than about $70,000, extra money makes a big difference in their lives.
His idea bubbled into reality on Monday afternoon, when Mr. Price surprised his 120-person staff by announcing that he planned over the next three years to raise the salary of even the lowest-paid clerk, customer service representative and salesman to a minimum of $70,000.
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Be Just and Fear Not.
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