The CEO, who is also the owner, announced that no one would earn less than $ 70,000 in annual salary, equivalent to more than 617,000 crowns, writes the New York Times.
The average wage at the Gravity Payments This was before the announcement $ 48,000 a year. 30 employees will now see their wages doubled.
Dan Price, who founded the company 19 years old in 2004, is funding the salary conversion by yourself lose pay, from $ 1 million ( just over 8.8 million) to $ 70,000 in annual salary. In addition, 75-80 percent of this year’s expected profit of more than 19 million deployed.
“My Market medians as Managing compared to a regular person is absurd,” said Dan Price New York Times about the decision.
2013 raised the Dan Online all their employees’ wages by 2 per cent to compensate for a tax credit expired.
2008, he received an honorable mention by US President Barack Obama for his responsible corporate leadership.
Factoring: Let the banks will fight for you the customer. (External services)
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