S4 EP 13: The CEO Who Paid Everyone the $ame $alary. Including Himself.

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By Stable Genius Productions. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Dan Price, the founder of Gravity Payments, became a media darling in 2015 after announcing that every employee would be paid a minimum of $70k. (Those salaries have consistently risen since then.) For most of his staff, the increase was dramatic (the median income in the U.S. is about $60k.) Now, four years later, Dan tells Manoush how an ex-girlfriend woke him up to Seattle’s high cost of living, what equal pay has done to his company’s bottom line, and what he thinks could rehabilitate other corporations and *their *overpaid CEOs. Plus, Manoush and Jen debate whether Dan’s pay strategy is replicable for their company.

Season 4 of ZigZag is examining the current culture of business and work, figuring out what needs to change, and experimenting with new ways to do it.

**Who You’ll Hear: **@manoushz (Manoush Zomorodi, host of ZigZag and cofounder of Stable Genius Productions), @jpoyant (Jen Poyant, cohost of ZigZag and cofounder of Stable Genius Productions), @DanPriceSeattle (Dan Price, CEO of Gravity Payments)

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CREDITS:
Matt Boynton, Audio Engineer and Sound Designer
Ania Grzesik, Audio Engineer
David Herman, Composer
Marcy Thompson, Producer
Maria Wurttele, Production Coordinator

56 episodes