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

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. ZigZag is the business show about being human. Join a community of listeners riding the twists and turns of late-capitalism, searching for a kinder, more sustainable way. Manoush Zomorodi and Jen Poyant investigate how work and business impact our wellbeing and the planet we live on. On Seasons 4 and 5, hear from rebels and visionaries with radical ideas on how we can build stable lives, careers, and companies.  If you’re also interested in Jen and Manoush’s personal story and their adventures in starting their own business with a little help from blockchain technology, listen to the first three seasons, starting with Season 1, Chapter 1. **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) Thank you for supporting us by using special offer codes from our sponsors, signing up for our free newsletter, and subscribing to the show on Apple Podcasts, Google Podcasts, RadioPublic, Stitcher, Overcast, Spotify, or Breaker. CREDITS: Matt Boynton, Audio Engineer and Sound Designer Ania Grzesik, Audio Engineer David Herman, Composer Marcy Thompson, Producer Maria Wurttele, Production Coordinator