CEO Institutes $70,000 Minimum Wage

business_ethics_highlights_2Pretty much everyone will love this story. Some will love it because they see it as a move toward economic justice; others will love it because it involves a private decision, rather than one forced by government. Ethically, is it a matter of living up to obligations, or is this CEO engaging in charity? >>>

Owner of a Credit Card Processor Is Setting a New Minimum Wage: $70,000 a Year

The idea began percolating, said Dan Price, the founder of Gravity Payments, after he read an article on happiness. It showed that, for people who earn less than about $70,000, extra money makes a big difference in their lives…..

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