http://www.nytimes.com/2015/04/14/business/owner-of-gravity-payments-a-credit-card-processor-is-setting-a-new-minimum-wage-70000-a-year.html
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On it's face, this seems like a really awesome move by the guy. Without knowing all the numbers, I'm curious how he can use 80% of the profits just for the amount of increased salary he will hand out and still be able to grow. I will predict this either cripples his business or keeps it from growing.
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On it's face, this seems like a really awesome move by the guy. Without knowing all the numbers, I'm curious how he can use 80% of the profits just for the amount of increased salary he will hand out and still be able to grow. I will predict this either cripples his business or keeps it from growing.
