WebJul 10, 2024 · Share this. Seattle-based entrepreneur Dan Price hit headlines around the world in 2015 when he slashed his own salary by $1 million so he could start paying his all employees a minimum salary of $70,000. The chief executive of Gravity Payments received plenty of praise for the move as well as a raft of criticism, with Price coming under fire ... WebNov 29, 2015 · Dan Price announces to his workforce the $70,000 minimum wage in April 2015. Photograph: Gravity Payments/NYT. Then came the backlash, swift and brutal.
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