Company raises minimum worker pay to $70K

April 14, 2015 3:21 PM

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Company raises minimum worker pay to $70K

The owner of a Seattle credit card processing company surprised his staff by announcing that he would raise the minimum salary for his employees to $70,000 a year.

According to The New York Times, Dan Price, the founder of Gravity Payments, got the idea after reading an article on happiness that said the extra money made a big difference in the lives of people who make less than $70,000 a year.

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