13 Companies Paying Employees Higher Wages, Including Gravity Payments …


The credit card processing industry Gravity Payments is in is a commodity. Mr. Price has little or no pricing power to charge more than his competitors. If anything industries such as his people want the lowest possible price 

SEATTLE (April 14, 2015) — Dan Price, the founder of credit card processor Gravity Payments, told his 120-person staff on Monday he will raise the salary of all employees over the next three years to a minimum of $70,000, 

The company is relatively small, about 120 employees, but the gesture is huge, certainly for the workers at Gravity Payments, and for the broader and politically-heated debate on the income gap. The firm's founder, Dan Price, 

Dan Entrepreneur Cover Gravity Payments CEO Dan Price has been named the Entrepreneur of 2014 by Entrepreneur Magazine, beating out a field of 9 other finalists to take the top prize, and landing himself on the cover of 

Dan Price, the CEO of Gravity Payments in Seattle, has touched off a national debate over his plan to pay all of his workers a yearly salary of at least $70,000. But where did that figure come from and what's behind it? The number, the CEO said, comes