CEO cuts his pay so every worker can earn $70K

April 16, 2015 6:14 AM

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SEATTLE — A Seattle CEO who announced that he’s giving himself a drastic pay cut to help cover the cost of big raises for his employees didn’t just make those workers happy.

“We’ve definitely gained a handful of customers in the last day or two,” said Stefan Bennett, a customer relations manager at Gravity Payments, a credit card payment processing firm. “We’re showing people you can run a good company, and you can pay people fairly, and it can be profitable.”

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