Earlier this year, Dan Price, a graduate of Seattle Pacific University and CEO of Seattle-based Gravity Payments, made headlines nationwide after announcing plans to raise his employees’ base salary to $70,000 a year.
But not everyone at Gravity Payments agrees with his plans to share the wealth. ÂÂÂÂÂÂ
Two of his top employees quit in protest. His brother, a co-owner of Gravity Payments, filed suit. Other local companies complained that Price made them look stingy, according to The New York Times (NYT).
It’s as if Jesus’s parable about the workers in the vineyard””where latecomers got the same pay as those who worked all day””has come to life, the NYT points out.
Read it all.
(CT Gleanings) $70,000 Minimum Yearly Wage Brings Bible Parable to Life (Unfortunately)
Earlier this year, Dan Price, a graduate of Seattle Pacific University and CEO of Seattle-based Gravity Payments, made headlines nationwide after announcing plans to raise his employees’ base salary to $70,000 a year.
But not everyone at Gravity Payments agrees with his plans to share the wealth. ÂÂÂÂÂÂ
Two of his top employees quit in protest. His brother, a co-owner of Gravity Payments, filed suit. Other local companies complained that Price made them look stingy, according to The New York Times (NYT).
It’s as if Jesus’s parable about the workers in the vineyard””where latecomers got the same pay as those who worked all day””has come to life, the NYT points out.
Read it all.