CEO who gave all his employees minimum $70,000 paycheck thriving six years later

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Dan Price faced praise and criticism six years ago when he boosted all his employee's salaries to $70,000 a year. But instead of the economic gloom and doom that was predicted for him, the company and its workforce, by all metrics, has thrived.
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Опубликовано:

14 сен 2021

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Комментарии : 27 тыс.

@kostaftp 13 дней назад

Thats not a CEO. Thats a Leader.

@donjon123 11 дней назад

nah thats a grapist

@syauqyilham6577 11 дней назад

supreme leader.....

@uceemeforeal8185 11 дней назад

@@donjon123 not everyone who is guilty.... unless he was proven to be so. I thought thats what you men have often complained about...

@donjon123 10 дней назад

@@uceemeforeal8185 wait bros actually in a case I was literally just judging him by the way he looks damn. Also don't assume by gender you bigot

@tednguyen7258 9 дней назад

nah hes a fool

@jaepayne5844 14 дней назад

People hate this because it shows that a company CAN be run well without greedy CEOs.

@Adam-sm5zf 10 дней назад

What a world we live in, where treating people well is shunned.

@JupiterSlim 8 дней назад

Yep

@MLGeorge 6 дней назад

Conservatives and Fox News went on week long rambles calling him a Communist lmao

@princeseilestial541 6 дней назад

Even a country can run well without a greedy Government

@madhuparnaghosh6254 5 дней назад

Yes. This.

@nobody-er6vz 17 дней назад

Bro literally reinvented loyalty

@natahndolar2142 11 дней назад

More like made innovations

@Reglaized 14 дней назад

He only takes $70,000 home and he never even mentioned that his company was “family”.

@vbgsantander 11 дней назад

Yeah right! When someone says that about their company its a 99.9% probability that they are the worst instead of being one of the good guys

@keus7453 9 дней назад

so true bestie

@SyedAli-xb8by 9 дней назад

he probably makes more than 70k I'm assuming that 70k he mentioned is just his cash compensation usually the bulk of exec pay is stocks

@frequentrage3806 9 дней назад

@@SyedAli-xb8by It's also possible that he just has millions in savings and is living off the 70k/ year until he retires. Plus you have a good point he can sell of shares of the company that he is growing in value and giving good publicity to.

@rosifico 8 дней назад

Which is ironic because some of the employees are literally family lol

@goma3 18 дней назад

The benefit to his COMPANY was good The benefit to his SOCIETY was enormous

@mindeloman 17 дней назад

The problem has always been corporate greed at the top. CEOs aren't running and growing a company to benefit the employees. They're doing it for themselves and only themselves, for as long as they can before they move on to the next company. And how do they do it? Cut cut cut cut cut cut expense. And compensation is the #1 expense.

@jonasandezekiel1109 17 дней назад

@@mindeloman LMAO.... Read up on that creep. He isn't what this video claims he is.

@mindeloman 17 дней назад

@jonasandezekiel1109 I don't need to read up on this particular creep. I've got enough to deal with my own CEO creep demanding we have 70% operating profit. He's probably chasing a bonus. Meanwhile we operate with less people than we need and everyone is looking to leave because they aren't making what they used to. American corporate economics in a nutshell.

@StephJVaughn 17 дней назад

@@mindeloman Best comment everrrrr

@X862go 15 дней назад

resigned as CEO of Gravity Payments on August 17, 2022

@buddyboy4976 2 года назад

I like how people are triggered he’s paying his employees well

@deoxyribomorph99 2 года назад

Of course they're triggered, conservatism is nothing more than cuckoldry to the elite class. So when someone comes along and shows that not being a rapacious villain can actually be a good model for success, that's essentially an afront to their worldview. You should have seen the ill will the ghouls at Fox News had for this guy's company.

@TheUniquemariah 2 года назад

Did you catch that too 😂😂😂🤣😅

@sad_paper491 2 года назад

@@deoxyribomorph99 what?

@hevxhev 2 года назад

@@deoxyribomorph99 seriously, bet the cognitive dissonance becomes too much for them.

@ReaperOnRepo 2 года назад

Lol they're all Gravy Seals and Meal Team 6 mf's. It's so sad because these guys take woodshops class in high school and then turn out to go full on MAGA by the time they're out.

@theworldisrich 11 дней назад

Dang, I actually cried at the end when they gave him his dream car. There’s nothing more powerful than human kindness.

@peaceinthemidst2814 11 дней назад

This shows that there is plenty of money out here. The problem is the greed of these companies.

@muchhorrorsuchwow 2 года назад

It's almost like paying your employees a livable wage makes them wanna work, and increase productivity.

@fetB 2 года назад

strange indeed

@bimates2690 2 года назад

Makes them more competitive to keep that and if they can't? Well, there's more people lining up for the job because of the wages.

@jakelewis8194 2 года назад

His imployees arent making fast food sandwiches lmao

@steventonche1037 2 года назад

Almost indeed.

@sofasniperman 2 года назад

It worked great for his company, but it shouldnt be done everywhere

@Saje3D 2 года назад

A business where the employees DECIDE to buy the CEO a new car? What a plot twist.

@ghinspilzu8546 2 года назад

lmfao never heard of that a day in my life

@Nokzima 2 года назад

Lmbo 🤣🤣🤣 yeah

@nfspbarrister5681 2 года назад

A grateful one! Employees who knows their boss got their back!.

@750count 2 года назад

That truly is amazing The stranger part is that he is deserving of their generosity

@nataliemorales8643 17 дней назад

This is so adorable

@mrcarterfx885 14 дней назад

When the CEO said he makes $70,000 a year I almost fell to the ground 😮😮😮

@Mr.Mancream 12 дней назад

That’s a man who hasn’t let the world ruin him. Greed has and will continue to run this planet and this country into the ground. If only companies were held to a higher standard, one where they not only care about the wellbeing of ALL employees, but where they take pride in making sure that everyone prospers. From the CEO to a guy flipping burgers, everyone’s role is necessary for the operation as a whole. And it goes without saying that CEOs don’t do 320x more work than any other employee.

@downbythelakehouse9120 2 года назад

Wanting this company to fail shows how evil the corporate mentality and it's media allies are. Paying people a living wage works.

@pabloblanco2656 2 года назад

Paying people what they are worth ? This is the united states. How dare him do a good deed.

@pabloblanco2656 2 года назад

@@claudius_drusus_ L o L not in the united states. Slackers usually make more than the workhorses

@kinoweiss702 2 года назад

@@claudius_drusus_ If you turn 10 dollars of product into something that can be sold for 100 dollars, you are worth 90 dollars to the company. If the company pays you what you're worth, they will make 0 dollars in profit, and will never be able to expand or do more. To pay someone what they are worth is fundamentally incompatible with capitalism.

@CarolynLewis-2lov3ly 2 года назад

@@kinoweiss702 this man just proved ur theory wrong. He paid his employees their worst and yes in the beginning of this new change he took a hit. But it worked out and the company tripled in profits. And because he did right by them, they did right by him and took a temp pay cut during the pandemic. When companies pay their employees their worth, the company thrives, because they have just as much to gain from their employer's success. Makin a $10 product into $100 product and then only gettin paid $5 to live off of, doesn't make for loyal or productive employees.

@konverzny 2 года назад

@@CarolynLewis-2lov3ly Just listen to yourself for a second. That just means his employees are worth more than 70k otherwise the company would never be able to expand and triple in profits. It's just basic math. You don't create extra value from 0. He is not paying them what they are really worth but that's okay, he is paying them enough money to be in that grey line of moral capitalism.

@emilypeachesreynolds 2 года назад

The employees took a pay cut so the company could stay open, and then the company payed them back once it had bounced back. That’s fierce loyalty and trust on both ends!

@haylobos8261 2 года назад

So it is not possible. The loonyliberal theory is that you can pay workers a lot through the good times and bad. But you can't. You can only give bonuses during good and take them away during bad. Which what all other companies do.

@Cthulhu4President 2 года назад

@@haylobos8261 "It is not possible" ...His business is still thriving. You're literally watching that it is in fact possible, while whining about how it isn't possible. It's 100% possible, but companies are kinda forcing the issue because they don't want anything less than 500% profit and it's hurting the country as a whole. GDP means nothing if half the country that isn't in jail is struggling while ~20-25% of the total population is in jail. This asinine ability Conservatives have to worship the almighty companies and the almighty dollar while claiming to follow God will never cease to absolutely baffle me.

@Yuki-qh9kg 2 года назад

@@haylobos8261 there are a couple countries on Europe that prove you wrong

@tinymushroombigforest9745 2 года назад

@@haylobos8261 how did you watch all this and then say it wasn’t possible after he literally proved that it is. If that isn’t ignorance idk what is.

@haylobos8261 2 года назад

@@tinymushroombigforest9745 You got no brane? They had to take a 40 percent pay cut. High wages for ordinary workers is not possible. He gives high wages when the economy is booming. Then lowers them when there is a recession. Which is what every company does. Get out of here with your liberal baloney.

@CM-dx6xu 14 дней назад

A man with a big heart. Willingly giving his own money for the sake of employees. He deleted greed from the equation, in turn brought loyalty and love for everyone. I aspire to be like him someday.

@southtexasprepper1837 16 дней назад

Dan Price is truly someone to look up to. He cares more about his employees than himself. He's a fine example of someone who should be respected. Not scorned.

@chad2522 14 дней назад

Yea you know nothing about this guy except what they said in the video. Do a little research about this guy and you will find out he is actually a terrible guy.

@Bobisbob0965 13 дней назад

@@chad2522 charges were dropped

@cescimes 13 дней назад

@@chad2522 yeah, the "little research" showed me dropped charges and allegations that turned out to be contradicting with the evidence

@southtexasprepper1837 12 дней назад

@@chad2522 If he's such a terrible guy, why did all his employees chip in to buy him a new car????? There has been numerous articles about him and what he did. Btw, what have you done lately?????

@maddydog1234 День назад

Might not be what it seems. Be careful who you look up to.

@Eta30mins 18 дней назад

I don’t understand why it’s so bad and hard for employers to treat employees as a fellow human instead of thinking they are just replaceable. This man understands loyalty

@Lux_Ferox 16 дней назад

Greed, it ruins nations.

@GameChanger597 15 дней назад

This man understands the value of not dehumanizing employees into numbers and quota's. I do hope he becomes successful enough to give himself a significant raise.

@Ghareonn 15 дней назад

It all goes back to "Dodge v. Ford Motor Co." it has been all down hill since then.

@masterBong1 15 дней назад

greed…

@modifiedjaymill 14 дней назад

Key word loyalty That’s the difference between today and back then companies and employees had more loyalty Back then there was a incentive to work at a company many years, you would get the promotions and raises and your job was secured. Now employers will cut good employees to keep seeking more talent.

@ModoNayr 2 года назад

I still can't believe people are mad at this guy for wanting his employees to have a decent life. He is probably one of the best CEO's out there.

@zeiwow0 2 года назад

@Zombie look at walmart one of the bigest super market chains in the world what has all that companys growth done for its employees? absolutely nothing they still get payed minimum wage the only people who benefit are the 00.001% at the top. thats not healthy for the economy

@Oldleftiehere 2 года назад

@@sillyseattlecatOther corporations hated it because it made them look bad and it skewed the “environmental” pay scale. When I worked, it became clear that all the local corporate managers had an unwritten agreement that one would not pay their employees much more than the others. That way, it tends to keep employees from jumping ship for better better pay elsewhere.

@maeganlozano7058 2 года назад

That's what struck me the most from this story. I don't get the backlash he received for having a minimum pay to his employees. As per the report CEOs make 320 times more than their workers so there is no reason not to do this. They're just mad because he is showing them it is possible and that makes them look bad. Shame on them for even saying in advance that his company will fail. I am so happy it didn't.

@faiqaini4551 2 года назад

All of them were heartless greedy republicans

@BigDad200 2 года назад

Great story and it was telling to hear Rush and the other establishment losers hope for his failure. What did Rush contribute to the world? Absolutely Nothing!

@whateverwavy 15 дней назад

the tech/gaming industry needs to take notes ASAP in 2024. so many layoffs could've been avoided if CEOs swallowed their pride and provided for their employees

@sharron-6540 6 дней назад

What a guy!!!, and he has reaped what he sowed, he has employees that are dedicated to the company, they are a family who feel valued. Incredible!!!

@CierraB04 2 года назад

Having employees be so loyal that they take a 60% pay cut when your company is going through hardship speaks for itself. Him paying them back as a thank you for sticking by him is virtually unheard of in America. This man is a god send.

@tbeboxing 2 года назад

No doubt, definitely a Godsend!

@azahariabdulaziz929 2 года назад

One in a million...or trillion...? A blessing to the employess for having a leader like him😘

@andreicapi3535 2 года назад

@@JMK948 he looks like him

@superkevinadventure 2 года назад

Facts

@paca7429 2 года назад

the only reason they usually will support the company is because they depend on their job for money

@patches4170 18 дней назад

„My employees did way more for me than I could ever do for them“ is true for any CEO, always.

@Painting866 17 дней назад

What a cool guy.

@GameChanger597 15 дней назад

Yes it's always true- except for this time. He definitely did way more for them than they could ever pay back in return. It's unprecedented.

@patches4170 12 дней назад

@@GameChanger597 No not even this time, that's the point. And that's what this CEO understands, which is what makes him so god damned based.

@mannoesgehtnix 4 дня назад

@@GameChanger597 In which way did he do more for them than they did for him?

@taylorferguson8883 14 дней назад

This is a great example of leadership.. The CEO sacrificed for this employees and the returned it with gratitude and loyalty..

@genevieveaniko6492 12 дней назад

The fact that people like this exist in this cruel world.. Gives me hope. More power to them.

@theprogrammer32 2 года назад

the fact that he KNOWS how many of his employees are buying houses and having kids. THAT is what leadership looks like.

@philippaul756 2 года назад

Excellent definition of leadership, Block.

@smolpener7430 2 года назад

Leadership has absolutely nothing to do with intrusion on peoples personal lives.

@inorite4553 2 года назад

@@smolpener7430 Thank you for providing an example of what Leadership is not. We should all be so fortunate to avoid the mistakes you've made.

@tclfan0180 2 года назад

@@smolpener7430 So you think that he secretly taped every birth that took place and kept a tally in a little black booklet? I'm sure the employees voluntarily gave him that info. You sound like a complete nut job, and its never too late to delete your braindead comment by the way!

@g30b15 2 года назад

@@smolpener7430 Go to sleep bro

@ItsDanny91 19 дней назад

I don’t see why a CEO needs to make more than 500k. Many of them are making $30 million a year and there is no 70k minimum.

@LeroxYT 17 дней назад

Exactly, its not like CEOs are better than others, or its so difficult and time taking to be a CEO, so why should a CEO be paid more than a million

@CorpusGreed 16 дней назад

Because... the can. I mean, i get your point, but that's what happens when you have an opportunity to earn enourmous money. I mean, it's understandable if he has a huge family, kids, their education, maybe helps out his elders and so on, but usually it's just because people are greedy. "Why should i put money in pockets of my employes if i can put them all in my own?"

@jonmcclain662 16 дней назад

The CEO took the risks and deserve to reep the rewards, the employees didn't had to put in a lot of money and time to start the business, its a lot of work to start one, that's why many don't and the ones who do and not put everything in place ends up failing. If ppl want fairness, then the employees should risk bankruptcy if the company fails as well, the only one burden with that risk is the ceo/owner.

@KK-fw4zq 16 дней назад

$30million is quite generous lmao. Delta CEO bonus was $25 million during Covid and he fired 20% of his employees. Guess his bonus was more important than those employees.

@braedonallen4291 16 дней назад

@@jonmcclain662 CEOs are hardly ever those who started the company. They're usually brought on board an already successful company specifically to maximize shareholder value. So, they in fact face very little risk, and there is no reason why they can't afford to treat their employees well, they simply choose not to because paying your employees well and giving them good benefits decreases quarterly earnings and slows share value growth, which means that their paycheck won't grow as quickly, and they obviously can't have that (/s). Ultimately, it boils down to shortsighted greed.

@zekossss 11 дней назад

This guy! What an absolute LEGEND! His employees are lucky to have him, hope his business thrives even more.

@pianoraves 10 дней назад

The reactions of those rich folks is a disconcerting showcase of how much control they fear to lose over the poorer people.

@scoobie8amg 2 года назад

Lets not forget the general public wants to support companies who treat their employees well.

@suzylovesmambo 2 года назад

I always feel better when I go patronize a business where the employees want to be there. I realize that the point isn't how I *feel* about the business but it really doesn't make a difference to the whole business experience.

@posh7079 2 года назад

Htf does a toilet janitor get 70k a year???

@Avalanche616 2 года назад

@@posh7079 you forget that janitor is still a person who has value, i can't believe you didn't learn that during the pandemic.

@mancerrss 2 года назад

My jaw dropped that the company is 4 months close to bankruptcy, but if it wasn't for the employees love for this company and maybe because they are thriving in life earlier because of that highly generous pay increase, volunteering for months of pay cut!!! They wouldn't survived by now!!! The CEO then saved his employees by raising their pay, and produced a loyal employees back then. Now his employees saved his company back by then volunteering to not get paid for a bit. That's just close and tight corporate family love right there.

@deborahdobbie 2 года назад

Exactly! Great point!!! A great guy to work for and a great guy to do business with I’m sure. Awesome all the way around love it

@joshuajoseph1315 2 года назад

Biggest part of this is how loyal his employees are. Crazy how people naturally repay the kindness you show them

@boykidmanboykidman5420 2 года назад

You give and you shall receive

@Nokzima 2 года назад

Exactly! This a very beautiful story!

@ronaldperez9606 2 года назад

@@boykidmanboykidman5420 Amen

@lindisopaj 2 года назад

Not true at all. Usually people take advantage of your kindness. Im glad it worked out for him tho

@FootballLife34 2 года назад

@@lindisopaj clearly not, loo

@jesusislord6921 13 дней назад

We used to say this in church a lot…” I give because I’m blessed, I’m blessed because I give”! Prime example🙌🏽🙌🏽God is good! Amen!

@chezbugga 13 дней назад

corporate greed needs to be illegal. this is phenomenal kudos to the CEO Dan Price and gravity payments.

@Beebo 2 года назад

A man stands at his tallest when he bends down to help someone smaller than him.

@Saveg36 2 года назад

they were never smaller then him.

@rennardyjuwana7254 2 года назад

@@Saveg36 we know he or she didn't mean it in a condescending way

@whynot2734 2 года назад

no man stands taller than when he bends to help a child

@mhmd_old7 2 года назад

@@whynot2734 his employees already had money, he should have just sent the money to a charity instead of his employees

@nicolasorbegozo4484 2 года назад

@@Saveg36 You’re not wrong, but the quote is assuming something that many people in society tend to think; that people of increased wealth are bigger than those with less wealth. This assumption comes from the fact that they can afford more things, and sometimes it even goes as far as assuming that the person with higher wealth has a more difficult job requiring more education. To some degree, they aren’t wrong, but if we’re thinking in a more realistic and philosophical way (like you are), you’re right, a person’s wealth shouldn’t and does not dictate a person’s value and place on Earth because we all die at the end of the day, right? 😂 Bottom line, you’re right, but the quote is addressing something many in society believe is true.

@MrMikeymontemayor 2 года назад

The trick is that the CEO earns 70k too but he also earnes HUGE respect and LOYALTY.

@corieydadon 2 года назад

Not really

@davidmistoffelees8459 2 года назад

@fosterpainter This is why capitalism is failing. Capitalism replaced mercantilism. The main thing in Capitalism is that companies have no responsibility to the system that they leach off of; no other purpose than to generate profits.

@crimsonminerva 2 года назад

Yes, lead by example

@lynnyhen 2 года назад

And profits, which is awesome!

@nibblet321 2 года назад

That and I'm sure he has other income sources.

@revemb4653 16 дней назад

A company with appreciated workers and a humble ceo should never fail

@chad2522 14 дней назад

I would not call the dude ''humble''. He has like 6 different rape and assault charges spanning over 10 years.

@Grymx 12 дней назад

@@chad2522It’s funny how of those “10” things you said he was charged with- only one actually comes up when you search for them- which he wasn’t even charged with. The case was dismissed. You got that corporate boot down your throat.

@chad2522 12 дней назад

@@Grymx Charges can get dropped or expunged from your record even when you did them. Don’t you think over the span of 10+ years with multiple separate accusations of rape and assault are false?

@Dredster747 16 дней назад

Take care of your employees, and they will take care of your business!

@dothamaph 2 года назад

Imagine paying workers a livable wage and treating them like human beings that are actually integral to your company's success? What a crazy concept.

@briathomas5310 2 года назад

Sad, right? This should be the standard. 🤦🏾‍♀️

@Dextrome 2 года назад

Madness!

@Jackdaniels19894 2 года назад

Far right Republicans can’t believe it

@Woodsaras 2 года назад

I could. But i dont have money.

@thexavier666 2 года назад

This person is delusional. Some one take him to the infirmary.

@Oj_r 2 года назад

This man created a family not a company. He made sure everyone is taken care of. Amazing

@robertrishel3685 2 года назад

It’s a beautiful thing. Right in the face of widespread corporate greed.

@habibbialikafe339 2 года назад

Wrong! He emphasizes that the company is not a family, and that it is simply a company and you owe it nothing. everyone deserves time off for their real family. he makes a big distinction there.

@bethanyschlientz7982 2 года назад

@@habibbialikafe339 shut up

@BellicIV 2 года назад

@@bethanyschlientz7982 no u

@rexdv8 2 года назад

I'm glad I wasn't the only one to notice this.

@deolihp 15 дней назад

The CEO is a good hearted person

@ghoindia 9 дней назад

He should be awarded the Hero award. What a gem of a CEO. Would love to work for him.

@sirthomasevangelion1258 19 дней назад

This CEO just created 100s of loyal friends that are willing to take a personal hit INSANE!!!!!! Edit: some big a** allegations Jesus

@The_Food_Police 18 дней назад

Exactly lol

@EricPetersonPhotography 18 дней назад

I suggest looking him up in the news. Not a great person

@frederikkjrgaard1963 18 дней назад

@@EricPetersonPhotography what did he do

@speedracer2735 18 дней назад

@@EricPetersonPhotography If you're referring to charges filed for SA. How about YOU look into it deeper. Charges were dropped as it seemed like the woman was lying about the incident.

@MrMonkey2475 18 дней назад

@@EricPetersonPhotographymoron, believe everything

@OlJohnJoe 2 года назад

This man does something completely selfless and all those people wanting him to fail? But loving the selfish billionaires who give far less and care less

@Buddhist_Gnome 2 года назад

This!!!

@snc99 2 года назад

Makes no sense

@AdrianTheSlay3r1 2 года назад

People love to worship something bigger. It’s the effect of liking something you can’t have, and viewing kindness as weakness. It’s human behavior. Some people are just so inferior.

@rosivo3142 2 года назад

they DO NOT care about the people

@loopz_attack1658 2 года назад

@@AdrianTheSlay3r1 you say that it is human behavior but then say that some people are inferior? Your ego is showing there!

@Daerilys 15 дней назад

What? A CEO being human and solidary? Nah, it's fake I hope he has an amazing life

@iSchmidty13 15 дней назад

Dude is the ultimate capitalist He made a great call, and majorly helped his business

@haydenhayden 2 года назад

It’s almost like treating your employees like human beings with the dignity and respect they deserve has benefits.

@buddho1135 2 года назад

Who could've guessed

@RitaColacoNuminous 2 года назад

It surely does, no doubt about it

@TTJJCC 2 года назад

Imagine that

@Speedwayjay 2 года назад

Wait you might be on to something 🤔

@kargs5krun 2 года назад

No, this is ABOVE AND BEYOND giving "dignity and respect." Much more. This spirit of his is, well, GOD-Like. #sacrifice

@Avocado_Slut 2 года назад

Imagine a company giving their employees enough money to live a life they want. His employees are working out of gratitude and absolute wanting to. He is not socialist, he's human.

@robertmccully2792 2 года назад

Nobody works out of gratitude. They all need money to live. But it was nice of him.

@tank2g2 2 года назад

Humanist

@kewltony 2 года назад

"Seattle tech company pays Seattle tech wages"

@furkannarin2844 2 года назад

@@robertmccully2792 yes you do work. %100.

@AmramAbba 2 года назад

LOUDER!!!

@mobbossgambino 9 дней назад

Shocking, isn't it? Much love and respect to you my man.

@WestonNey3000 15 дней назад

It’s crazy that a company paying their employees enough that they can have a baby is a rarity.

@Coronaboii88 2 года назад

He humbled himself and put himself in his employees shoes. This is an example of a good human being. God bless this man.

@wascawywabbit0987 2 года назад

He has.

@ghosthhhchjjj3661 2 года назад

Oegcbb.

@TheAmericanPrometheus 2 года назад

i hope he sets a trend and other companies see the benefits of paying their employees more not just for them but for business in general

@intihumala9087 2 года назад

He's a complete and total fraud. He purposefully manipulated thousands of client contracts to not only gain an unfair competitive advantage but also swindle millions for personal gain. His brother and his father own a separate company called Axia Payments where they banked millions then got handed a huge lawsuit because Dan Price sold trade secrets and business information for 1,100 clients to launch his own processing business. He has a very dark past and he's lying about only making 70k a year. You can find dozens of articles written by investigative journalists exposing him.

@matthewfield7028 2 года назад

@@intihumala9087 cant believe everything you read, I worked for a processing business in NYC. If any of the articles were 100% true he'd be sitting in jail, those supposed claims against him are federal offenses and money laundering.

@SEVEN-sg5rb 2 года назад

This man is richer in life than most humans with the things money doesn’t buy. Great leadership, humility, humanity, honor, love, community.

@noahremnek3615 2 года назад

Although he makes 70k he owns the company so his net worth is higher. Just saying but this guy seems like a pretty cool CEO.

@zpetar 2 года назад

@@noahremnek3615 Can you tell me what is net worth of being loved and respected as much as he is?

@noahremnek3615 2 года назад

@@zpetar Idk his net worth exactly but it probably decently big.

@notinterested8452 2 года назад

Long hair...

@v1nigra3 2 года назад

A true king

@Festivex1 17 дней назад

I wish there were more people like this, all loyal to eachother.

@ModestCasanovaa 14 дней назад

This is something you never see. Someone with integrity and morals still alive in flesh.

@YooB1 2 года назад

This ceo actually cares about his employees not just money. Blessings to this man.

@u.s.m.c.fewproudthemarines2987 2 года назад

Exactly friend Gd heart

@y.t.a180 2 года назад

Double your return in six months!

@FreedomofSpeech865 2 года назад

He is an incredible human being

@mikegrosso6171 2 года назад

I wonder how many of his employees would fallow this boss and open a company and pay that well to their workers,or maybe they are too selfish to do that.

@markwhittaker6866 2 года назад

I agree.

@Hana.Behl-Lecter 2 года назад

The fact that employees were willing to take a voluntary pay cut to help the business AND THE BUSINESS PAID THEM BACK...wow. AND they all chipped in to buy him his dream car...talk about a work family. Amazing...kindness and compassion goes a long way.

@haylobos8261 2 года назад

If you say 70K, it should stay 70K. Not 70K when the economy is booming. Everybody already does that. They pay more when the economy is booming and then reduce it in bad times. He is just a charlatan. You people are silly.

@DebbieAkano 2 года назад

@@haylobos8261 the employees CHOSE the pay cut. He didn’t take the money off them. They OFFERED. Did you even watch the video??

@RoSoliTaire 2 года назад

@@DebbieAkano they probably watched the whole video but did not register that one because they only want the negatives on all the positives that happened in this company.

@theodorehaskins3756 2 года назад

@@haylobos8261 No they’re not silly, you should go look in the mirror and tell us where that brain of yours have gotten you! Why did you think it was necessary to inject your dystopian, draconian, fried up frizzle mentality, and all your negativity into this conversation? So maybe the silly one is reflective of you! So let me ask you this question, do you wear a mask?

@nightsmelodyful 2 года назад

@@haylobos8261 you're just mad your employer doesnt pay you like a living breathing human being that needs to stay alive

@hater911ful 15 дней назад

That is a man that has better values than corporate greed.

@cynthiawilson5066 3 дня назад

Good for Mr Price a true human being with so much empathy and. NOT GREEDY

@rodcab2973 2 года назад

Crazy what employees are willing to do when they're treated fairly and giving a chance to succeed in their workplace. This man is doing God's work.

@ladyzinada5341 2 года назад

He will continue to thrive

@Stalkerx13 2 года назад

You can tell these employees will never quit. They all seem so happy.

@fakereality4546 2 года назад

Yep the other business owners who don't like him just mad he exposed them for being greedy world is pure evil

@Smoke1386 2 года назад

Get back to work lol

@Flokoli1 2 года назад

Some employees think that they're not treated fairly enough when they actually are

@ohhalrightokay 2 года назад

It’s crazy how some were against this move. If this CEO wants to give a good wage to his employees, let him. The critics are probably the ones who love seeing homeless people on the streets and then blaming the government for it.

@MikeSchellingMusic 2 года назад

Other businesses were critical and against it because of it worked (it did) there would be a real precedent for paying employees more and CEO’s less.

@michael7264 2 года назад

The problem was this guy wanted other businesses to be FORCED to follow his business model.

@colesmith7509 2 года назад

@@michael7264 I mean 70k a year in Seattle should be very little to ask for considering the standard of living. 35k is completely unreasonable

@AmRFuKYaH 2 года назад

It's 100% ok if it's on a voluntary basis, when it becomes a problem is when people want the government to mandate this business plan

@pbj0815 2 года назад

EXACTLY!!!

@remilius1 3 дня назад

The one CEO who can say his company is like a family

@IsabelllaMariee 3 дня назад

I’m crying this is so sweet the little family and their baby I’m fkn crying

@FinessingFinance2024 20 дней назад

This CEO guy took 1mil USD pay cut to increase his employee's compensation to 70k min,the employees took a temporary pay cut during the pandemic,got repaid the difference and actually resulted in a much lower turnover rate and more productivity for the company. This story is crazy good. 😮😮😮

@lcameeno1 15 дней назад

😮!

@prodbymorii2058 14 дней назад

And then he got ousted as CEO after allegations of assault and r@pe. Not such a crazy good story anymore huh?

@michaelloflin7278 11 месяцев назад

I hope this man and his company thrives for many years. He is a blessing to his employees.

@bryan-cv2ew 9 месяцев назад

He has a superiority complex. he has accusation of harassment and rape, with police investigations. The company is also financially unstable and has been since the day he announced this 6 years ago

@missedinfo4623 8 месяцев назад

@@bryan-cv2ewthey were bound to come for him.

@simonstevenson6686 4 месяца назад

@@bryan-cv2ewThe allegations were dismissed

@alwill6536 4 месяца назад

Partially true. The company is doing well. He did get charged but he beat the charges. None the less, he still stepped down as CEO so he wouldnt hurt his company or workers. @@bryan-cv2ew

@kowismo 3 месяца назад

sure sure soruce trust me bro@@bryan-cv2ew

@MegaJeremy1234567 11 дней назад

Bless his soul. This made me cry in joy hearing how great a person can be.

@jackidezell3401 6 дней назад

Man I'd love to work for such a kind and caring man. It would save me, my daughter, and my mother right now.

@Bergen98 2 года назад

I like how they called him “socialist” for just giving normal wage. That’s some low standards they have in the USA lol

@NetSkillNavigator 2 года назад

lol 😏Ikr ..

@kinginferno934 2 года назад

you think what he did is some small thing with no significance?

@tomholy 2 года назад

Right on.

@MrBruteSmasher 2 года назад

It’s the narrative and it’s been the narrative for decades. Anything these corporate lobbyist don’t like is labeled socialism

@franknwogu4911 2 года назад

That's not a "normal wage" the highest income per captia in the world is Luxembourg at just above $52,000. How is $70,000 a normal wage?

@philmarsh7723 2 года назад

It's refreshing that there are some CEOs who aren't sociopaths.

@barnyard4068 2 года назад

😂😂🤔🤔Yesss!!!

@cloudsmith7803 2 года назад

Ahem.....Bezos....Jeff Bezos........

@glow1815 2 года назад

You mean 1 CEO not some. This is the ONLY CEO I know and heard of that does this.

@shwah8299 2 года назад

Like, 00.001% of them.

@shwah8299 2 года назад

@@greenwave819 His hair? That's your priority? Wait.... did Jeff Bezos send you?

@Sportshotrumorsdebates 8 дней назад

This is what the government hates. Good people helping their employees. Miserable greedy people

@mikedion6423 8 дней назад

100% Respect!!! Love it!!! We’re heading that direction as well for our company.

@JPDarkHeart02 2 года назад

Imagine that, being paid enough to live comfortably leads to BETTER EMPLOYEE RETENTION

@romanwilliams8605 2 года назад

Exactly!!!!! 💯

@tybarker5038 2 года назад

No way I’ve been making scraps and I keep hopping jobs that also pay scraps I wonder if I would stay at a company that didn’t pay scraps

@maggiejetson7904 2 года назад

@C K that's base salary. His main net worth is in the equity of his company.

@v1nigra3 2 года назад

@C K obviously he can, but a gift is a gift

@charlenejohnson5769 2 года назад

💯

@iEatCarKeys 2 года назад

There's a difference between a boss and a leader. A boss sits and forces his followers to drag him around, but a leader pushes with his followers. Well done.

@ninjatortise8958 2 года назад

Yes, but the followers should be grateful they even get to follow the leader in the first place and not be greedy with the leaders generosity

@Brian-pk1ol 2 года назад

100%!!!

@user-it9st9vd4k 11 дней назад

Managers don’t even make $70k at casinos in Las Vegas and even the biggest companies will refuse to pay you what you’re worth. It’s pretty sickening. This guy is awesome. I’d love to work for him.

@dizzypassout61 9 часов назад

In my old job the CEO’s monthly salary was what I made in an entire year and I worked for a charity! It’s disgusting honestly considering “the front line workers” were the ones that actually brought in the money but saw the littlest return via their salaries versus a ceo that doesn’t really do much or put their neck on the line but yields the greatest returns.

@ninjaninja9954 2 года назад

This is the only company you can call "family" without being fake. Other companies have this family culture BS but it's for you to stay in the company while they pay you peanuts.

@LessFluff 2 года назад

a lot of them have family culture but only between low earning workers...

@projectx7453 2 года назад

True

@gateauxq4604 2 года назад

Maybe the other companies are family too, it's just terrible abusive ones.

@ninjaninja9954 2 года назад

@@gateauxq4604 i wouldn't call those families then

@ModernCults 2 года назад

Peanuts xD

@mollycblaeser 2 года назад

We need more CEOs like him. The fact that politicians and capitalists trashed him is so disappointing. They're so greedy and out of touch.

@bsokol_ 2 года назад

As a capitalist I can’t agree more 😂

@phifrom5 2 года назад

Unfortunately he's a serial woman abuser/assaulter. Why does this always happen with the nicest-seeming guys? :(

@jakeyjakes_ 2 года назад

You should stretch before you reach

@Beksiee 2 года назад

@@browncatwithblurredbackgro2461 shut up bro

@user-ur5fz5ol8n 2 года назад

@@browncatwithblurredbackgro2461 how many older people do you think can genuinely preform at a job that I assume is 99% computer and over the phone work. Has nothing to do with whom he hires and everything to do with the fact that the older generation isn’t as good with technology by large.

@Sebisajiminstan День назад

Of course the others wanted him to fail. Him doing this and thriving just shows how easy it would be for them to treat their employees better.

@snailegacy 5 дней назад

as someone who's been laid off twice in the past year, this makes me smile. god, if only money and power didn't make people greedy for more, we could accomplish so much as a society. we need more people like dan. protect this man at all costs.

@sjtheartisan 2 года назад

Probably the best example of how a CEO takes care of his people, and they in return give him fierce loyalty. It’s about the relationships at the end of the day

@jasminaokicic2563 2 года назад

Thought the same thing. This is amazing Wow 😍

@joshdepaola4002 2 года назад

Probably the only example as well.

@namamora1190 2 года назад

@@AddBowIfGirl socialism can work in a very small scale, but when u talk about millions that is a complete diferent beast, there is no control over what everyone is doing, u will have alot of people just sitting around doing nothing waiting for the pay check, and that will create a domino effect that will colapse ur system, socialism is based in the naive premise that everyone is an angel and will do what he is suppose to do for the good of everyone else, and that... is just stupid.

@jinchuriki7022 2 года назад

"Its alot" what?

@stephanweinberger 2 года назад

@@namamora1190 strange though how those socialist policies are actually working in most industrialized countries... basically the whole of Europe (about twice the population of the USA) is made up of social democracies.

@edufehndula6621 2 года назад

He is a man with a golden heart. He cares about humanity. Kudos

@maaz322 2 года назад

There's a difference between being charitable and financially thriving. Obviously allocating your own paycheck to your employees will work as long as you deduct your own salary. That's not a success, it's charity. Good for him, but how can you expect CEO's to incentivize their ambitions and innovations with a meager paycheck that does not expand? Isn't the point of a business to be profitable to the individual to some extent? The man is running some payment company, nothing large-scale. You can't motivate high ranking employees with this business model, clearly Dan Price is the sole captain of this ship, and I'm sure it's a feelgood story but it's certainly not viable. Nonetheless, the poor will be tempted to elicit this example as a call for equitable pay in line with socialist doctrine.

@juliuskazanecki4281 2 года назад

Well he figured out a way to get rich on the side through speeches and interviews. He also grabbed a ton of wealth before he did this move.

@maaz322 2 года назад

@@Leoo117 You're saying people shouldn't build business for accruing money but for securing happiness?? Such an egregious projection. Not everyone has such 'virtuous' hearts. I'm sure you'll build and manage your own business, expand it, all for one static price tag. Meanwhile, expendable employees will cash out of your hardwork. You clearly have no clue about management and leadership because you're just a poor sod.

@Leoo117 2 года назад

@@maaz322 Your missing the connection here. Yes, you build a business to accrue money, but it is more efficient to accrue the money if your employees are happier. THAT is the connection here. Don't take my word for it. Take the word of the guy who already did it. He was humble instead of haughty. Also, there is no need for calling names and being disrespectful. I wouldn't do that to you, so please don't do that to me.

@alpharenz1329 2 года назад

His company is a software credit card merchant services company. It has no physical product. Doesn't need expensive business insurances coverages. Just basic ones. His company charges 1 to 3% of credit card purchases and monthly fees. On $100,000 running charges can make north of $3,000 month. Looking over is books they have $3.4 billion in purchases with over 15,000 companies. So they making $100 million year gross income. They have around 200 employees. So about $14 million goes into payroll. Yes, only 14 out of 109 million a month. Around 14%. This guy is a hero, lol what a good samaritan LMAO. You know he gets the money on the back end. Any smart CEO would pay themselves as little as possible. Jeff Bezos salary was $81,840.

@AHizo01 13 дней назад

This dude is an amazing person

@catsario7512 11 дней назад

God bless this man. What a fine human being. Too bad he’s the exception!

@ghost245353 2 года назад

Obviously, he clearly proved that American CEO's NEED to pay their employees more.

@recklart8592 2 года назад

More than that, he proved a socialist business model works.

@TheDumontShow 2 года назад

Exactly. He proved it right there. Just look at him. That man still strive after giving his work a great salary. He understood that his workers were too priority and you can't take money with you when you die. So why hoard it

@agentpiggles6685 2 года назад

@@recklart8592 no a socialist buisness model does not work, in one case of an incredibly selfless man yes, but it is incredibly unsustainable, if all buisness models were like this, than no one in their right mind would ever start a business, to take all the risk and reap a reward the same as you’re employees, why not just be an employee? This is ofc if you’re theorizing that in a perfect socialist utopia businesses would have to do this, it’s just another reason why socialists can’t put more than 2 seconds of thoughts into their ideas

@agentpiggles6685 2 года назад

@@recklart8592 not to mention most businesses have razer thin profit margins, already not every company is billion dollar mega corporation, and literally cannot afford to pay workers any more than they already do, socialists are extremely stupid

@LFPMultimedia 2 года назад

@@agentpiggles6685 wealth is created from labor which is why Bezos went to space for fun while his workers are peeing in bottles and dying from over work. Socialism is sustainable which America fought several wars to end it.

@OhHeyItsShan 2 года назад

They took a voluntary pay cut when times were hard and when things returned to normal, the company actually paid them back for what they had lost? Amazing! Who would want to leave a company that cares for you this much?

@whodis5774 2 года назад

What capitalism should be; businesses with excellent leadership have terrific flexibility

@joegossom3961 2 года назад

Sadly capitalism controls what americans hear see & know. This must be spread by the people for the people against the corporate interest.

@mclilzenthepoet2331 2 года назад

@@whodis5774 this isn't capatilism what this boss is doing is giving his workers there actual value that he would usually take in the name of "excess profit" if you know you know

@nickl5658 2 года назад

@@whodis5774 What is happening in this business is not capitalism. It is not cost effective as capitalism would desire. Instead this is socialism. The companies prides itself on the number of babies its workers have. That is a company focusing on the social aspect.

@MrCAHRLIE22 2 года назад

@@nickl5658 spot on

@rozaucja8612 10 дней назад

Great man. An actual human who knows we ARE ALL CONNECTED. THE WELL-BEING OF ALL HELPS EVERYONE

@Buhn001 13 дней назад

*A God Sent Angel! The Fact That Almost ALL His Employees Had Bought Homes, Had Children Etc.. That SAYS A Lot!* God Bless That Man And Everyone In These Comments! 🙏🤍

@bradstoner7226 2 года назад

This guy is a hero. He didn't let Greed control him like 99% of most CEO's!

@samuelsanchez2010 2 года назад

But we will not be satisfied, than they will want a raise later down the road. How much can you pay them?

@sandhanitizer15 2 года назад

Lets raise that number to 100% and just say he's the one CEO ever to not let freed control him.

@lindascott3973 2 года назад

@@samuelsanchez2010 did you watch the video? When there was a downturn during Covid19 the employees voluntarily took pay cuts. Now that's loyalty. You get what you pay for. This company pays for happy, motivated, loyal workers. And generous, they chipped in to buy the boss a fancy car! Similar story: an ice cream shop started offering I think it was $15 an hour. Now they have plenty of staff, unlike all the places you see who can't get anyone to work for them. And the owner pointed out how the staff are happy and cheerful because they didn't have to work 3 jobs to survive and the business was doing great because people wanted to go there for the excellent service.

@brookelarson8645 2 года назад

He is ABSOLUTELY AMAZING! HE HAS BLESSED so many people, even taking a pay cut from his own self! Greed is not in his moral compass & I pray his business goes on to be so successful especially during this darn pandemic for many many many year's to come!!! We need more businesses & CEO's/CFO's like this! The world would be such a beautiful place if we can do things like this! Coming together by putting other's above yourself! Absolutely love it..You good sir, are a rock☆star! Sending you love & praise from Cali!

@russellkasprzyk4934 2 года назад

99.9

@tativasmr 2 года назад

It’s so sad a CEO that actually pays his employees a livable wage & treats them great is such surprising news.

@AhseemCarter 2 года назад

Wdym by livable wage? What do you consider “livable”?

@KeiAngelus 2 года назад

@@AhseemCarter not having to live paycheck to paycheck while also having enough to spend to live a middle class life.

@intensifier2182 2 года назад

This is not livable in Seattle if you include things such as retirement savings and private schools.

@sirhuggles 2 года назад

@@AhseemCarter a livable wage is 70k is seattle. Can’t remember where it is, but there’s an article out there somewhere about it.

@Uhhbyeee 2 года назад

@@intensifier2182 ok but that’s if you chose to send your kids to private school. A lot of people still go to public schools

@VenturePictures 5 дней назад

Man's a leader, he's happy, staff are happy ... what's not to love.

@derekwilliams1066 8 дней назад

May God bless Dan Price. I wish there were more CEOs like this, instead of just the rampant, greedy types everywhere else.

@PeridotPrincess 2 года назад

He makes $70,000 annually along with his employees. How many CEO’s would be willing to do that? This is simply awesome! Hopefully, we see so much more of this in the future.

@Words-of-encouragement.-. 2 года назад

Very few. Which is also fair if that's how you choose to run your own company. I just don't agree with underpaying employees. You can pay employees a good salary/hourly wage and still make more than them.

@JohnDoe-qz1ql 2 года назад

And the thing is that other CEOs, no average, make much more than him. A cut to other CEOs wouldn't even their pay relativa to employees.

@inorite4553 2 года назад

Kinda makes you realize that when it comes to CEO and employee pay, the free market doesn't work.

@bmona7550 2 года назад

Smart since most CEOs or the ultra rich end up feeling listless and empty hoarding all the money. He dodged a depression bullet

@michellep9536 2 года назад

True, but a part of me feels like they deserve all that money, y'know? Like they put in the work for it

@MrMaboboz 2 года назад

Not only has he made his employees loyal he's made customers want to do business with the company because of the humanity he's displayed, well done mate.

@dnfl-7168 2 года назад

We talkin about twitter right?

@cloudsmith7803 2 года назад

We should question why we do business with Amazon & Walmart....???

@xGARIDx 2 года назад

Good example of honest and loyal business right there

@greenwave819 2 года назад

Do you actually think he does a single thing for his employees? He did this as a ruse, to glamourfy himself. and he has many common people tricked. however most pros see him as another youtuber

@MrMaboboz 2 года назад

@@greenwave819 well according to the story he's done more for people than you probably ever will with that attitude.

@sokalsophia4687 6 дней назад

Amazing.. thank you for sharing this wonderful story.

@alexlabs4858 14 дней назад

Who would imagine that if you treat your employees like human beings they’ll do good work for you? Wow! I’m so surprised!!

@jasmineburch3030 2 года назад

He should be teaching in every MBA program across the country. His humanity yields what money cannot not buy; community. America could use a reboot in this humility.

@drduzzit8761 2 года назад

Amen to that

@Augfordpdoggie 2 года назад

thats why i left permanently and came to Africa

@mr.horrorchild4094 2 года назад

Not everyone should get a 70000 dollar paycheck 🙂

@SueDeNym08 2 года назад

@@mr.horrorchild4094 Not every person would want it. Employees whose values align with this company are the ones who want to work there and are earning their pay. People who don't work hard, aren't team players, or are self-serving either left or didn't get hired. I see no problem using a pay scale to weed out unwanted employees.

@posh7079 2 года назад

So that every future business owner can bankrupt their company within days? nice!

@Freakybananayo 2 года назад

the fact the employees bought him that car means that they are loyal and grateful. no one else would do that for their CEO. i hope this company thrives

@louissanderson719 2 года назад

I don’t know why. He was already a millionaire

@cherryfries623 2 года назад

@@louissanderson719 because he cares about his employees and doesn’t seem them as discardable trash?

@bandito4492 2 года назад

@@louissanderson719 maybe cause they wanna thank him for changing their lives, yeah didn’t have to do it, but did it anyways just like how he raised their yearly salary, and his company is still thriving cause of his employees.

@SLXMLORDS 2 года назад

@@louissanderson719 money doesn’t matter if people don’t think to give you gifts no one likes you.

@preben42069 2 года назад

@@louissanderson719 i think he got less and less of a millionaire over the 6 years he wasn’t paid millionaire money if you know what I’m saying?

@macsandford5725 14 дней назад

With 70K you’d think their fridge wouldn’t be empty

@Davie-jx4rh 15 дней назад

He sees the goal of well-being of employees taking precedence over money. I admire his daring and his generosity. Sadly a company like this could never go public as per a US court case a public companies goal is to produce profit for shareholders, not any human benefits.

@alb5801 2 года назад

The fact that CEOs normally making 320x what the employees make is astounding. He took a pay cut, and his employees voluntarily took temporary pay cuts in the pandemic says a lot. That they also chipped in and bought him a dream car, They love and respect their boss, not many can say that!

@justinhenryrebel 2 года назад

I mean he takes all the risk

@jish55 2 года назад

@@justinhenryrebel not just him, every one of his employees are in the same boat as if the business fails, they're out of a very well paying job from a loving environment that gives them the opportunity to succeed. So they have just as much at stake because they're now more invested and want to help make the company a success, not just the boss.

@watchingover3592 2 года назад

This is an extreme example where the CEO earns as much as his employees but in the 1960’s CEO’s earned 21 times their employees salaries . Now its 320x’s which has caused the shrinkage of the middle class and added to the huge disparity between the rich and poor.

@lukasfuster8172 2 года назад

It’s so obvious that the people calling him “socialist” and “crazy” solely care about money, not the lives of those working under them. They could care less if their employees can barely make ends meet, as long as they’re making a ton of money that’s all that matters. THIS is the type of business man we should admire, the one that puts his employees before money. Love this guy

@allwhatilove914 2 года назад

He is selling his homes, getting the same amount of the employees and emptying his savings. He is not thriving, he is barely surviving and soon when there will be nothing else to sell or money left to cover the bills the company will close and all those employees will move on and look for a new job while he will be left alone to pay the bill of his bankruptcy for a lifetime. The only thing they will say is "We are so sorry". They will also not care if he makes the ends meet. This is life.

@absbabs6153 2 года назад

@@allwhatilove914 is that why his employees volunteered to take a pay cut during the pandemic and still all have their jobs AND got paid what they lost from takin the cut? You assume hes not doing well because hes not rich like he was before, even though their company is doing well? Most of his employees wouldn't have been able to start families and would be looking for a second job if they still got paid what they originally did. And no one is saying all CEO's have to make the same as the employees, just that if workers were actually paid better then people would ultimately spend more energy on the company and spend more money on themselves which helps the economy overall.

@hhbddjstar 2 года назад

@@allwhatilove914 Yes, but that doesn't mean he cannot survive. You can comfortably live off of 70k in America easily. He is now tripled his profit, and double his task force. They are more well-trained and experienced, more familiar with the company's structure and customer base. Less resource is wasted training new staffs. During pandemic, the company got hit hard. It coulda go bankrupted. But employees all willing to take a temporarily paid-cut. Once company bounced back, Gravity, willingly, paid them back in full. Millionaire Stephen Prince said it himself, the rich can easily take a cut from their own wage to give all their employees a paycheck that help them to thrive, and it wouldn't change their lifestyles. But they won't, cuz they greed.

@johnp7739 2 года назад

He's doing all of this voluntarily. Nothing socialist about that. Socialism is when someone puts a gun to your head and forces you to pay taxes to give them to someone else (or waste on some gov't project).