Company Offers $70,000 A Year Minimum Wage At Gravity Payments in Seattle, the CEO announced the new minimum wage. Some employees will more than double their pay. The boss will take a pay cut to make the $70,000 a year minimum wage possible.
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Company Offers $70,000 A Year Minimum Wage

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Company Offers $70,000 A Year Minimum Wage

Company Offers $70,000 A Year Minimum Wage

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STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. Labor unions say the average CEO makes 331 times more than the average worker - way more than it used to be. But things are changing at Gravity Payments. The Seattle firm helps merchants process credit card payments. The CEO announced an annual minimum wage - $70,000 per year. Some employees will more than double their pay, and the boss will take a pay cut to make it possible. It's MORNING EDITION.

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