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

Published: Sept. 19, 2019, 4:15 a.m.

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Dan Price, the\\xa0founder 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\\xa0$60k.) Now, four years later, Dan tells Manoush how an ex-girlfriend woke him up to Seattle\\u2019s high cost of living, what equal pay has done to his company\\u2019s bottom line, and what he thinks could rehabilitate other corporations and\\xa0*their\\xa0*overpaid CEOs. Plus, Manoush and Jen debate whether Dan\\u2019s pay strategy is replicable for\\xa0their company.

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ZigZag is the business show about being human.

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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.\\xa0

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If you\\u2019re also interested in Jen and Manoush\\u2019s 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.

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**Who You\\u2019ll 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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Thank you for supporting us by using\\xa0special offer codes\\xa0from our sponsors,\\xa0signing up for our free newsletter,\\xa0and subscribing to the show on\\xa0Apple Podcasts,\\xa0Google Podcasts,\\xa0RadioPublic,\\xa0Stitcher,\\xa0Overcast,\\xa0Spotify, or\\xa0Breaker.

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CREDITS:
\\nMatt Boynton, Audio Engineer and Sound Designer
\\nAnia Grzesik, Audio Engineer
\\nDavid Herman, Composer
\\nMarcy Thompson, Producer
\\nMaria Wurttele, Production Coordinator

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