The Problem with Bad Jobs

CEO Dan Price on Why Low Unemployment Numbers Don't Tell the Full Story of Work in America

People work for two reasons: to make enough money to earn a living and/or to do work they feel matters.  And yet, at least 13% of workers don’t even make a living wage through their paycheck, and millions of others are stuck doing menial work... |

Read more

3 Things I Learned by Paying a $70,000 Minimum Wage

Gravity CEO Dan Price on money, happiness, and the need for systemic change

In 2015, we announced a $70,000 minimum wage at Gravity. In order to help pay for the increase, I cut my own salary from $1.1 million to $70,000 a year.  As of today, I still make $70,000. I’ve learned a lot since that announcement five years ago.... |

Read more

Dear Davos Attendees: Stop Talking about Changing the World

Gravity CEO Dan Price weighs in on the World Economic Forum

Dear Davos Attendees, The theme of your annual meeting this year is “Stakeholders for a Cohesive and Sustainable World.” Another way of putting this might be “For too long we’ve focused on how to make as much money as possible at the expense of... |

Read more

What Is an Employee Worth?

By Dan Price, Gravity Payments CEO

In 2018, I wrote a post illustrating how one of our largest competitors could afford to pay every single one of its approximately 24,000 employees a minimum wage of $70,000 a year if its executives chose to spend the company’s money differently. The... |

Read more