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Business

Seattle CEO's Minimum-Wage Vision: Pay Everybody At Least $70,000

KUOW | By Kate O'Connell
Published April 23, 2015 at 1:35 PM AKDT
Cary Chin works at the front desk of Seattle-based Gravity Payments. CEO Dan Price told his employees that he was cutting his own salary and using company profits so they would each earn a base salary of $70,000.
AP Photo/Ted S. Warren
Cary Chin works at the front desk of Seattle-based Gravity Payments. CEO Dan Price told his employees this week that he was cutting his own salary and using company profits so they would each earn a base salary of $70,000.

Marcie Sillman speaks with Dan Price, founder and CEO of Seattle-based credit card payment processing firm Gravity Payments. He recently raised his company's minimum wage to $70,000 a year for all employees.
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Marcie Sillman
Year started with KUOW: 1985
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