Recommended, 2024

Editor'S Choice

Chef waives 90% of his salary

This boss waived $ 930, 000 of his annual salary.
Photo: Twitter / Hinterland Gazette

Employees should be paid fairly

In order for his employees to be paid decent, a US company boss in the future waives $ 930, 000 of his annual salary.

He is celebrated as the modern Robin Hood: Dan Price, founder and head of financial services provider Gravity Payments, wants to give up $ 930, 000 of his annual salary to pay his employees fairly.

The 120 employees of the US company will earn $ 70, 000 a year in the future, instead of the previous 48, 000, for some doubling the salary even - a huge salary increase.

30-year-old Dan Price read an article about happiness when he decided he wanted to pay his employees better. He had thought about it for a long time and decided that it was time to pay his employees fairly. His own way of life will have little impact on the huge pay gap, Dan Price does not have to replace his 22-year-old Audi and his money is still enough to spend his bar once a month on the bar and he does not need anything more. At an initial salary of $ 1, 000, 000 a year, he also saved a lot.

In the end, this gesture is also an investment in the future, because workers with higher salaries are more motivated and that affects business and customer contact. "There will be sacrifices, " says Price. "But once the company returns to the $ 2.2 million level, my salary will increase again. That's a good motivation. "

Top