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Mark Harrill, of All American Heating in Fairplay, Colorado, raised the wages of every employee of the company in order to counter the affordable housing...
Gravity Payments' Dan Price told Insider about how his company changed after he raised the minimum wage to $70,000.
Erfolgreich im Job: Die Erfolgs-Philosophie von Dan Price Finanzen.net vor 1 Std. Erfolgreiche Unternehmer, Gründer und CEOs haben ihre eigenen Strategien, die ihnen den Weg die Karriereleiter hinauf gewiesen haben - so auch Dan Price, Gründer und CEO von Gravity Payments. © Bereitgestellt von Finanzen.net Mat Hayward/Getty Images Entertainment/Getty Images Dan Price gründete im Alter von 19 Jahren in seinem Studierendenwohnheim das Kreditkarten- und Finanzdienstleistungsunternehmen Gravity Payments und gehört damit zu denjenigen Unternehmern mit außergewöhnlichem Lebenslauf. Doch ...
"I took a million-dollar pay cut so that all my employees could make $70,000 a year - and what that meant is our lowest paid employees got their pay doubled. We immediately took it to $50,000, and then over the next two years went to 60 and 70. "My million-dollar pay cut covered the first part of that, but then we needed to make enough money to cover the second and third phase. And our employees came through and they were able to succeed in doing that. "Our employee turnover was cut in half, so we started to hold on to employees for a lot longer, which made us a lot more efficient. Also, in...
"Median total compensation for Equilar 200 CEOs was the highest in the study's history, totaling $19.7 million," the Equilar report explained.