Everyone has been talking about Gravity Payments lately. We thought we would add our own take on it.
Is Paying Every Employee $70k/year a Good Idea? – Investor Junkie
15 April 2015 | 5:11 pm The credit card processing industry Gravity Payments is in is a commodity. Mr. Price has little or no pricing power to charge more than his competitors. If anything industries such as his people want the lowest possible price … http://investorjunkie.com/41401/paying-employee-70k-good-idea/
Point of Sale Pondering: Gravity Payments is Making National News
15 April 2015 | 3:57 pm As the above are all good reasons to shop around for better rates for debit and credit card processing, I wanted to pass along that Gravity Payments has been making the national news lately – in a good way! The founder and … http://retailpospondering.blogspot.com/2015/04/gravity-payments-is-making-national-news.html
Take a 90% Pay Cut to Give the Workers More Money? – Patheos
15 April 2015 | 12:57 pm The Price is Right Dan Price, CEO of Gravity Payments. Read this story about a Seattle entrepreneur who has taken a 90% pay cut to ensure that all his employees earn at least $70K a year. Mr Price, whose company … http://www.patheos.com/blogs/standingonmyhead/2015/04/take-a-90-pay-cut-to-give-the-workers-more-money.html
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