Turns out guaranteeing employees a $70,000 salary is great for business.
Gravity Payment CEO Dan Price has been flooded with both new clients and job applicants since he unveiled his promise to pay all of his employees at least that much money.
"It's fair to say we've had a huge outpouring of support," said Price, who slashed his own pay to fund the higher wages.
Price said the news has brought in dozens of new clients, making it the best week for new business in the company's 11-year history.
The firm has about 15,000 clients and handles about $10 billion in payments every year. Full story...
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Gravity Payment CEO Dan Price has been flooded with both new clients and job applicants since he unveiled his promise to pay all of his employees at least that much money.
"It's fair to say we've had a huge outpouring of support," said Price, who slashed his own pay to fund the higher wages.
Price said the news has brought in dozens of new clients, making it the best week for new business in the company's 11-year history.
The firm has about 15,000 clients and handles about $10 billion in payments every year. Full story...
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