A Generous Boss
By: Rick Boxx
June 18, 2015
Dan Price, founder of Gravity Payments, took a $1 million pay cut, so that he could increase his employees wages to a minimum of $70,000 a year. Price runs the risk of creating an entitlement mentality, but he also may dramatically increase his pool of talent and profits.
When this man received complaints he said, “Don’t I have the right to do what I want with my own money? Or are you envious because I am generous?”
You may disagree with Mr. Price, but as a business owner he has the freedom to be generous.
Learn more about Rick Boxx and Integrity Resource Center