The CEO who decided that his staff should receive a minimum wage of $70,000 is Dan Price, who is well recognised for this decision.
Price grew up in Idaho with his five siblings. Dan Price revealed to Forbes that he was raised in a traditional environment where serving others was ingrained in him at an early age.
The CEO started to consider what Dan Price could do to help Heather with her issue. As fate would have it, Ron, Price’s father, landed a position in the credit card sector, and Price started helping out at home.
Dan Price later asked the alumni magazine of Seattle Pacific University to locate him in a quiet area where Dan Price could take calls from clients.
Gravity Payments, a provider of payments technology and credit card processing, was founded by Dan Price when Dan Price was just nineteen years old in his dorm room.
The CEO who decided that his staff should receive a minimum wage of $70,000 is Dan Price, who is well recognised for this decision.
Dan Price became well-known in 2015 after Dan Price increased the minimum wage for his company’s employees to $70,000 and decreased his personal pay from $1.1 million to $70,000.