Tinkering with free market business principles has come back to haunt a young Seattle CEO, just as the city itself is also finding that raising the minimum wage to $15 per hour has consequences.
Enter Dan Price, 31, CEO of Gravity Payments, a credit card processing firm. In April, Price was lauded across America for cutting his $1 million salary and using it to boost the salaries of his 120 employees to a minimum of $70,000. Why did Price decide to take such a drastic risk in the running of his business? Why, he read a research article on happiness!
Dan Price suddenly became the CEO the nation actually loved. He drew the attention of talk show hosts, Harvard business professors, and single women. And, of course, job seekers. Everyone wanted to work for Gravity Payments.
Now he’s renting out his house to make ends meet.
So what happened?
Are you interested in writing for Victory Girls? If you’d like to blog about politics and current events from a conservative POV, send us a writing sample here.
Iran Enters The Chat: Wants Americans to Vote Democrat
https://victorygirlsblog.com/iran-enters-the-chat-wants-americans-to-vote-democrat/
The rump-regime of Islamic fanatics controlling the government in Iran has listened long to its on American campuses and to American media. They’re now making a play...
Continue reading
The
FlyDubai Flight Reveals Heroes Instead Of Becoming A Horror
https://victorygirlsblog.com/flydubai-flight-reveals-heroes-instead-of-becoming-a-horror/
The events that unfolded on Wednesday morning on a FlyDubai flight from Dubai to Tel Aviv eerily evoke memories of Flight 93. We should all be relieved...
Continue reading
The post…
The Jack Smith Hearing Was Circus, But Don’t Minimize Or Ignore What He Did
https://victorygirlsblog.com/the-jack-smith-hearing-was-circus-but-dont-minimize-or-ignore-what-he-did/
Yes, the Jack Smith hearing was a circus. But make no mistake, what Jack Smith did with Operation Arctic Frost should not be ignored, nor minimized. Currently...
Continue…
Recent Comments