Ever since our CEO, Dan Price, made the decision to slash his salary and raise the minimum wage at our company to $70K, many have speculated that this was going to be an experiment in how to drive a business into the ground. While we’ve also received an incredible positive response, we wanted to set the record straight. For the first time ever, we’re sharing the early results of our $70K min wage, and incredible stories of the human impact. USA TODAY covered some of the results, but for a visual
1:44
Ever since our CEO, Dan Price, made the decision to slash his salary and raise the minimum wage at our company to $70K, many have speculated that this was going to be an experiment in how to drive a business into the ground. While we’ve also received an incredible positive response, we wanted to set the record straight. For the first time ever, we’re sharing the early results of our $70K min wage, and incredible stories of the human impact. USA TODAY covered some of the results, but for a visual
1.8K viewsMay 26, 2016
FacebookGravity Payments
CEO on giving his employees minimum $70,000 paychecks
5:14
CEO on giving his employees minimum $70,000 paychecks
Sep 16, 2021
CBS News
What a pleasure to talk with Dan Price today. If you’re not familiar with Dan, he is the CEO and founder of Gravity Payments. I talked with Dan about how he famously took a pay cut, so that there would be more pay equity in his company. To learn more about Dan and the work he has done during the pandemic, listen to our full conversation on IGTV or on YouTube in the link in bio. Thanks, Dan, for sharing your inspiring story! #wevebeenthinking | Maria Shriver
3:14
What a pleasure to talk with Dan Price today. If you’re not familiar with Dan, he is the CEO and founder of Gravity Payments. I talked with Dan about how he famously took a pay cut, so that there would be more pay equity in his company. To learn more about Dan and the work he has done during the pandemic, listen to our full conversation on IGTV or on YouTube in the link in bio. Thanks, Dan, for sharing your inspiring story! #wevebeenthinking | Maria Shriver
10.1K viewsApr 19, 2021
FacebookMaria Shriver
Gravity Payments CEO Dan Price is taking a pay cut and raising his company's minimum wage to $70,000. He explains why: http://on.wsj.com/1NR3sIH | The Wall Street Journal
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Gravity Payments CEO Dan Price is taking a pay cut and raising his company's minimum wage to $70,000. He explains why: http://on.wsj.com/1NR3sIH | The Wall Street Journal
96.2K viewsApr 16, 2015
FacebookThe Wall Street Journal
Gravity CEO explains why he is raising salaries (2015)
3:20
Gravity CEO explains why he is raising salaries (2015)
Sep 25, 2019
CNN
Last April, our CEO, Dan Price, surprised all of us when he decided to raise the minimum wage for the entire team to $70,000. A year later, we decided to turn the tables and give him a taste of his own medicine. All of us pitched in in some small way and bought Dan his dream car - a Tesla. This was a special way for us all to thank him for all of the sacrifices he's made and challenges he's faced for each of us. Through all of the successes and challenges of the past year, Dan has never once put
3:26
Last April, our CEO, Dan Price, surprised all of us when he decided to raise the minimum wage for the entire team to $70,000. A year later, we decided to turn the tables and give him a taste of his own medicine. All of us pitched in in some small way and bought Dan his dream car - a Tesla. This was a special way for us all to thank him for all of the sacrifices he's made and challenges he's faced for each of us. Through all of the successes and challenges of the past year, Dan has never once put
325.9K viewsJul 15, 2016
FacebookGravity Payments
Stu chats with CEO of Gravity Payments, Dan Price, about why he slashed his $1M salary to raise his employees' minimum wage to $70,000. | Varney & Co.
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Stu chats with CEO of Gravity Payments, Dan Price, about why he slashed his $1M salary to raise his employees' minimum wage to $70,000. | Varney & Co.
944.9K viewsApr 15, 2015
FacebookVarney & Co.
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Dan Price, CEO of Gravity Payments, made a radical decision to cap his own pay and raise all employee salaries to the same level. Important Details: • Reduced his salary from $1.1 million to $70,000. • Set a minimum $70,000 salary for every employee. • Employee retention reached 100%. • Company revenue tripled over time. • Customer base doubled. • Productivity and morale increased significantly. • Decision is now a Harvard Business School case study. Why It Matters: This experiment challenged tr
199 views4 months ago
FacebookEngineering Brains
0:21
In 2015, Dan Price, the CEO of Gravity Payments, announced a radical decision: he would cut his own salary from $1.1 million to $70,000 so every employee at the company could earn a minimum salary of $70,000. At the time, critics warned that the move was reckless and would damage the business. Instead, the opposite occurred. Gravity Payments saw dramatic improvements in employee retention, with turnover reportedly dropping to near zero for extended periods. Over the following years, company reve
25K views4 months ago
FacebookThe Investigative
8:01
This CEO Paid Everyone $70K
83 views2 months ago
YouTubeThe Nut Broadcast
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The Story Of Dan Price | The CEO Who Put ALL His Employees on $70,000
14.9K viewsJun 14, 2021
YouTubeHow It Happened
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Gravity Payments CEO, Dan Price, interviewed as a special guest on NBC's "Today" show about his decision to self-impose a $70k minimum wage. | Dan Price
3.7K viewsMay 13, 2015
FacebookDan Price
11:07
When Gravity Payments CEO Dan Price heard that employees at his company were struggling to make ends meet, he instituted a $70,000 annual minimum wage -- and cut his own salary from over $1 million to $70,000 in order to do it. Find out how this pay increase has fundamentally changed his employees’ lives for the better 🤗 | The Kelly Clarkson Show
6.3M viewsDec 11, 2019
FacebookThe Kelly Clarkson Show
36:11
2015 Distinguished Speaker Series: Dan Price—Founder and CEO, Gravity Payments
7.2K viewsNov 26, 2015
YouTubeSeattle Pacific University
2:03
Seattle boss explains $70,000 minimum wage
125.7K viewsApr 14, 2015
YouTubeCBS Evening News
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CEO defends setting $70k minimum salary
101.6K viewsAug 10, 2015
YouTubeCNN Business
3:22
CEO Dan Price: How Gravity Payments Is Different
55.4K viewsSep 17, 2014
YouTubeGravity Payments
1:00
2015 mein Dan Price, Gravity Payments ke CEO, ne apni salary $1.1 million se ghata ke $70,000 kar di! 💰 Kyun? Taa ki woh apni company ka minimum wage $70,000 kar sake. Raat-raat mein, uske sabse kam paid workers ki salary double ho gayi. 🤯 Experts ne Dan ko 'paagal' aur 'socialist' kaha, aur predict kiya ki company jaldi hi bankrupt ho jayegi. Lekin agle 6 saalon mein, company ne employees double kar liye aur business triple! 💪 COVID ke dauran, jab company band hone wali thi, toh har employee
701.4K views9 months ago
FacebookShahbaz Ahmed
1:48
The CEO paying everyone $70,000 salaries wasn't ready for the surge of attention. Inside the viral story of Gravity Payments CEO Dan Price » http://cnb.cx/26ashG2 | CNBC
201 viewsApr 23, 2016
FacebookCNBC
4:31
Dan Price Takes a Bite Out of Minimum Wage Pay Gap
Apr 16, 2015
WSJrtaliafeero
The CEO who just boosted employee pay to $70k was shaped by a tough early lesson that made him more financially conservative
7 months ago
geekwire.com
0:22
Felony sexual assault charges against Dan Price dismissed
11 months ago
MSNKING-TV Seattle
0:06
Dan Price: The Million-Dollar Pay Cut That Changed Everything
39K views6 months ago
YouTubePony Sparks
0:04
Dan price CEO of gravity payments 😁😁
11.5K views3 months ago
YouTubeAmerican Talks
1:59
One Company’s New Minimum Wage: $70,000 a Year
Apr 14, 2015
NY TimesPatricia Cohen
2:20
Socailist CEO has a profitable business while giving his employees fair pay. Dan Price, the CEO of Gravity Payments, is widely recognized for his remarkable commitment to paying his employees a livable wage. In 2015, he made headlines by implementing a minimum salary of $70,000 per year for all employees at his credit card processing company. This move was a response to the increasing wealth disparity in the United States and a firm belief that everyone should be able to live a decent life. Pric
1.3M viewsJun 19, 2023
TikTokstoniepresents
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Dan Price: CEO of Gravity Payments
1 viewsApr 25, 2015
DailymotionLarry King Now on Ora.TV
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He Cut His Million-Dollar Salary—Then This Happened
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Progressive CEO Dan Price who cut his salary to pay workers $70K, quits amid disturbing allegations
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Be Willing to Lose Everything
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