70000 minimum salary http://archive2.mrc.org/taxonomy/term/26255/all en Networks Ignore ‘Backlash’ Caused by Company’s $70k Minimum Wage http://archive2.mrc.org/articles/networks-ignore-backlash-caused-companys-70k-minimum-wage <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Broadcasts ignore problems caused by dramatic salary increases at Gravity Payments. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/alatheia-larsen">Alatheia Larsen</a> </div> </div> </div> <p><iframe src="http://www.mrctv.org/embed/137978" width="520" height="293" frameborder="0"></iframe></p><p dir="ltr">The man called America’s “Boss of the Year,” at least, by ABC News, is facing problems, including the loss of top talent after giving a massive boost to many of his employees’ salaries.</p><p dir="ltr">Seattle-based Gravity Payments CEO Dan Price announced in April 2015 that he would implement a minimum $70,000 salary for all his employees. Back then, ABC, NBC and CBS pounced on the story and praised Price.</p><p><a href="http://archive2.mrc.org/articles/networks-ignore-backlash-caused-companys-70k-minimum-wage" target="_blank">read more</a></p> Articles MRC Business Business Economy Media 70000 minimum salary capitalism CEO companies Dan Price Gravity Payments Income Income Inequality minimum salary Salaries Seattle Shareholders talent unintended consequences Wages Mon, 03 Aug 2015 20:12:05 +0000 julia.seymour 49581 at http://archive2.mrc.org