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This company raised minimum wage to $70K
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This company raised minimum wage to $70K in Chattanooga, TN
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Current price: $0.99
Barnes and Noble
This company raised minimum wage to $70K in Chattanooga, TN
By Barnes & Noble
Current price: $0.99
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Size: Audiobook
In 2015, Gravity Payments CEO Dan Price announced he would raise the company's minimum wage to $70,000 a year by 2017 and slash his own compensation by more than 90 percent. More than a year later, Price reports the company's revenue and clientele has grown substantially, despite critics' predictions that the move would be bad for business. NewsHour Weekend Special Correspondent John Larson reports.
In 2015, Gravity Payments CEO Dan Price announced he would raise the company's minimum wage to $70,000 a year by 2017 and slash his own compensation by more than 90 percent. More than a year later, Price reports the company's revenue and clientele has grown substantially, despite critics' predictions that the move would be bad for business. NewsHour Weekend Special Correspondent John Larson reports.
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