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View Full Version : CEO Takes $930,00 Pay Cut



zombola
04-15-2015, 01:22 PM
Meet Dan Price, CEO of Gravity Payments

http://i.imgur.com/Z8Wtc0g.jpg

A month ago he was bringing home one million dollars a year. Now? He's making $70,000 a year. Willingly.
I'm sure you're thinking "But.... why????"
http://i.imgur.com/ozKHVv8.jpg

He cut his pay this much to help soften the blow of a big decision he made recently..... He is giving everyone in his company a raise. Everyone will now be making $50,000 a year and $70,000 a year by 2017. "The paychecks of about 70 employees will grow, with 30 ultimately doubling their salaries, according to Ryan Pirkle, a company spokesman. The average salary at Gravity is $48,000 year." (NY Times)
Seriously? Yes. Yes he did.http://i.imgur.com/Eh6XTIC.jpg

"Growing income inequality had been on his mind for months. But as he went for a hike with a friend one afternoon and listened to her describe her struggle with rising rent prices, he realized he had to do something for his own employees." (Huffington)
Look at this man. THIS is what the world needs.
http://i.imgur.com/paaSRbU.jpg

He is a great inspiration and idol for people in any field.
This is how the world SHOULD be, it is amazing that he was selfless enough to take this cut for the better of everyone around him.