DAN PRICE IS MY HERO ~ CEO TOOK PAY CUT TO RAISE HIS EMPLOYEES SALARIES

CEO Dan PriceTook Pay Cut to Raise Salaries

When CEO Dan Price raised the minimum wage to $70,000 at his small business in April, the story went viral, and Gravity Payments, a Seattle company that processes credit card payments, became an overnight household name. 

Price dropped his salary from about $1 million to $70,000 in order to increase pay for many of his employees. 

In the weeks that have followed, Price has received hundreds of messages — some from CEOs who followed suit with similar moves and others from critics who feel the decision will destroy Price's company. 

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Of all the notes that he has received, the most striking to Price was a stack of 33 letters — delivered by mail — from a class of sixth graders at Woodbury Elementary School in Irvine, California.