Aspen Ideas Festival: CEO Dan Price on the $70,000 minimum wage
Dan Price is the CEO who set the business world abuzz when he announced he's established a $70,000 minimum wage at his company, Gravity Payments, and cut his own salary down to that level too.
Saying "you only live once," he decided the financial and the emotional wellbeing of his employees was being hurt by low pay. He spoke with MSNBC anchor Kelly Evans on July 2, 2015 at the Aspen Ideas Festival.
MPR News is Member Supported
What does that mean? The news, analysis and community conversation found here is funded by donations from individuals. Make a gift of any amount today to support this resource for everyone.