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Seattle CEO Cuts $1 Million Salary To $70K, Raises Employee Salaries

First time accepted submitter fluffernutter writes Dan Price started his company, Gravity Payments, out of university when he was 19. Now he is cutting his $1 million salary to $70,000 and promising to raise all his employees' salaries. Dan is quoted as saying he made the move because "I think this is just what everyone deserves."Good business practice? Silly boosterism? Enlightened self-interest?

4 of 482 comments (clear)

  1. The dude's a dreamboat by Anonymous Coward · · Score: 4, Funny

    Srsly. I ain't into dudes or buttsex or penises in my mouth, but that's one fine looking man with a great big, firm, throbbing... moral compass.

  2. Socialism! by Jawnn · · Score: 4, Funny

    That's what's wrong with 'Murica today, too much socialism. We need to nip this kind of thinking in the bud! When will the working class realize that they only benefit when their betters are allowed to run things as they see fit, unrestricted by regulations and burdensome tax laws?

    1. Re:Socialism! by Ryanrule · · Score: 5, Funny

      liberals understand reality.

  3. Re: Decent by bugs2squash · · Score: 4, Funny

    Why pay $1515 per month ?

    When with new Amazon Babycare your infant child (maximum 20 pounds and 30" x 10" x 10") will be picked up by drone on Sunday night and returned on Friday evening each week for a mere $1000 per baby per month. Baby warehouse specialists will tend to your child's every need and facilitate full access to kindle baby entertainment and eLearning.

    Prime discounts available.

    --
    Nullius in verba