CEO who gave all his employees minimum $70,000 paycheck thriving six years later

[@toluadek]

This guy is definitely not scared of taking a long stroll on a very busy street, he's a champion.

[@aCreativent]

He's currently being indited for assault and misconduct lmao

[@SM-ry7zb]

@@aCreativentthere’s no way 😂

[@JesusLopez-sb3ir]

😂😂😂 right

[@JesusLopez-sb3ir]

That a personal problem not a business problem. You can't mix the two up.

[@haroldfarthington7492]

@@aCreativentproof?

[@kostaftp]

Thats not a CEO. Thats a Leader.

[@donjon123]

nah thats a grapist

[@syauqyilham6577]

supreme leader.....

[@uceemeforeal8185]

@@donjon123 not everyone who is guilty.... unless he was proven to be so. I thought thats what you men have often complained about...

[@donjon123]

@@uceemeforeal8185 wait bros actually in a case I was literally just judging him by the way he looks damn. Also don't assume by gender you bigot

[@tednguyen7258]

nah hes a fool

[@Melo-wu2iv]

You pay anyone well, not only will you earn their loyalty and their respect, but they'll work extra hard to make sure the company succeeds. This is still one of my favourite stories ever. I wish that CEO many, long and blessed years.

[@LifenaDay525]

Workers are loyal to employers who treat them like an investment. The company gains are so much greater. And HR services should work for both and not just for the protection of the company.

[@AmericanGutierrez18]

Dan price is in hiding from rap allegations Trump is your president❤❤❤

[@J1467-v1p]

He got charged with rape.

[@AmericanGutierrez18]

@ George Steph is getting sued for 15M for saying that bid

[@shinjihirako4773]

This is so true

[@chezitoo]

wait... you're saying that compensating your employees fairly leads them to be happier, loyal, and more productive?? this HAS to be science fiction! id like to point out in 1:45 where they say "I hope this company is a case study in MBAs programs" damn right it should be! CEOs taking only a couple million dollars in pay cut would fix almost everything in this country. these employees are able to buy houses and raise children, something most people in this country are struggling to do! more people need to see this man's brilliance and amazingly kind and courageous actions.

[@untitled2792]

nice to see you here chez

[@mxfg1535]

He just got charged with grape

[@Jolgarz]

I think they just want to lowkey reduce population so they can have more land to themselves, like the "i wanna found my own country" kind of dream

[@Wopedomer]

And all the republicans said he’d fail 😂 That quote from Rush saying “this will be studied in classes” is so ironically hilarious

[@user-wn5cn4ue2j]

That’s person you speak about at the time slot “hoping it would fail, and be a case study” he is Rush Limbaw, a republican MAGAat. It totally makes sense for him to have that opinion.

[@jaepayne5844]

People hate this because it shows that a company CAN be run well without greedy CEOs.

[@Adam-sm5zf]

What a world we live in, where treating people well is shunned.

[@JupiterSlim]

Yep

[@MLGeorge]

Conservatives and Fox News went on week long rambles calling him a Communist lmao

[@princeseilestial541]

Even a country can run well without a greedy Government

[@madhuparnaghosh6254]

Yes. This.

[@mIGHTYmEAD]

Well this is one CEO that won’t have to worry about Luigi Mangione

[@ruskov5685]

For sure

[@Winter897-x8e]

😂😅

[@sincerelymiss]

Oh my gosh

[@UR_AL_SHOOK_UP]

🤭

[@kingofthekoopas8857]

This is a rapist

[@Cyemese]

Not only did he pay them $70k per year, but when they had to take a pay cut to keep the company afloat, he reimbursed them the money they didn't get. That is a genuinely kind man.

[@brantley847]

Not sure Kind is the right word. Might want to look up the article August 19th, 2022 - CBS article "Dan Price, CEO who cut his pay so workers earned $70,000, quits amid legal woes" Happened right after. Want to take a guess how many of those new employees were women?

[@DISOPtv]

Come to find out, he was only over paying mostly women staff so they wouldn't retaliate against his abuses. "Price has been accused of several physical and sexual assaults between 2013 and 2022."

[@hunkulus]

@@DISOPtv Those charges were dismissed though and apparently he is back at gravity payments

[@DISOPtv]

@@hunkulus One of the charges boot licker. There were "several" allegations over the years. If it was anyone else, we would be in prison.

[@kayiness]

@@DISOPtva capitalist mouthpiece calling someone a bootlicker is ironic

[@losingaces]

the way he smiled when he said he makes 70k a year shows how kind hearted he is

[@mxfg1535]

He is a grapist and abuser

[@goma3]

The benefit to his COMPANY was good The benefit to his SOCIETY was enormous

[@mindeloman]

The problem has always been corporate greed at the top. CEOs aren't running and growing a company to benefit the employees. They're doing it for themselves and only themselves, for as long as they can before they move on to the next company. And how do they do it? Cut cut cut cut cut cut expense. And compensation is the #1 expense.

[@jonasandezekiel1109]

@@mindeloman LMAO.... Read up on that creep. He isn't what this video claims he is.

[@mindeloman]

@jonasandezekiel1109 I don't need to read up on this particular creep. I've got enough to deal with my own CEO creep demanding we have 70% operating profit. He's probably chasing a bonus. Meanwhile we operate with less people than we need and everyone is looking to leave because they aren't making what they used to. American corporate economics in a nutshell.

[@StephJVaughn]

@@mindeloman Best comment everrrrr

[@X862go]

resigned as CEO of Gravity Payments on August 17, 2022

[@patches4170]

„My employees did way more for me than I could ever do for them“ is true for any CEO, always.

[@Painting866]

What a cool guy.

[@GameChanger597]

Yes it's always true- except for this time. He definitely did way more for them than they could ever pay back in return. It's unprecedented.

[@patches4170]

@@GameChanger597 No not even this time, that's the point. And that's what this CEO understands, which is what makes him so god damned based.

[@mannoesgehtnix]

@@GameChanger597 In which way did he do more for them than they did for him?

[@GrifGrey]

oh wow you're right. Why is it so hard for people to be good people?

[@scoobie8amg]

Lets not forget the general public wants to support companies who treat their employees well.

[@suzylovesmambo]

I always feel better when I go patronize a business where the employees want to be there. I realize that the point isn't how I *feel* about the business but it really doesn't make a difference to the whole business experience.

[@posh7079]

Htf does a toilet janitor get 70k a year???

[@Avalanche616]

@@posh7079 you forget that janitor is still a person who has value, i can't believe you didn't learn that during the pandemic.

[@mancerrss]

My jaw dropped that the company is 4 months close to bankruptcy, but if it wasn't for the employees love for this company and maybe because they are thriving in life earlier because of that highly generous pay increase, volunteering for months of pay cut!!! They wouldn't survived by now!!! The CEO then saved his employees by raising their pay, and produced a loyal employees back then. Now his employees saved his company back by then volunteering to not get paid for a bit. That's just close and tight corporate family love right there.

[@deborahdobbie]

Exactly! Great point!!! A great guy to work for and a great guy to do business with I’m sure. Awesome all the way around love it

[@PlayzOfficial]

"I'm happier than I was before". That man is not a CEO. He's a damn leader.

[@sarahkim6670]

For the CEO to cut his pay so that he is making the minimum salary, just so his employees could thrive shows so much empathy. I wish them continued success!

[@milianozuniga-deanda4955]

Like and follow on social media...lol. 😂

[@CG_VON]

I would agree... I'm sure the decision is looking good for the company overall. This CEO is amazing!!!

[@dgoddard]

If success is getting charged with rape along with allegations of several other abuses of power, then he's going pretty strong.

[@milianozuniga-deanda4955]

@dgoddard He's a keeper.

[@lopiws]

The charges got dropped​@@dgoddard

[@TheVirtualArena24]

These are the CEOs we want. Funny how youtube recommended this now

[@daveyjoseph6058]

The algorithm is getting ready for Kennedy

[@BellaR.]

lol I was about to say the same thing but went looking for this comment, I couldn’t be the only one KZbin did this to 😂 messy boots

[@TheVirtualArena24]

@@BellaR. What messy boots means?

[@BellaR.]

@@TheVirtualArena24 like that one friend that’s always bringing up that one thing that they know, everyone will be heated about, that’s a messy person

[@TheVirtualArena24]

@@BellaR. So you are telling me I am a messy person?

[@ModoNayr]

I still can't believe people are mad at this guy for wanting his employees to have a decent life. He is probably one of the best CEO's out there.

[@zeiwow0]

@Zombie look at walmart one of the bigest super market chains in the world what has all that companys growth done for its employees? absolutely nothing they still get payed minimum wage the only people who benefit are the 00.001% at the top. thats not healthy for the economy

[@Oldleftiehere]

@not your catOther corporations hated it because it made them look bad and it skewed the “environmental” pay scale. When I worked, it became clear that all the local corporate managers had an unwritten agreement that one would not pay their employees much more than the others. That way, it tends to keep employees from jumping ship for better better pay elsewhere.

[@maeganlozano7058]

That's what struck me the most from this story. I don't get the backlash he received for having a minimum pay to his employees. As per the report CEOs make 320 times more than their workers so there is no reason not to do this. They're just mad because he is showing them it is possible and that makes them look bad. Shame on them for even saying in advance that his company will fail. I am so happy it didn't.

[@faiqaini4551]

All of them were heartless greedy republicans

[@BigDad200]

Great story and it was telling to hear Rush and the other establishment losers hope for his failure. What did Rush contribute to the world? Absolutely Nothing!

[@JohnAldenDavis]

Kinda hilarious how all the criticism made him “anti-capitalistic,” yet all that he did was within the freedom of capitalism. Dude took a generous risk and ended up doing better in the end!

[@RobertMJohnson]

how do you know he's being generous? when did you analyze his HR numbers to the industry?

[@JohnAldenDavis]

@RobertMJohnson I was merely writing my comment based on what was presented in the video. Outside of that, I am ignorant of any information related to the questions you have presented, though I am open to it if you happen to be more informed.

[@CierraB04]

Having employees be so loyal that they take a 60% pay cut when your company is going through hardship speaks for itself. Him paying them back as a thank you for sticking by him is virtually unheard of in America. This man is a god send.

[@tbeboxing]

No doubt, definitely a Godsend!

[@azahariabdulaziz929]

One in a million...or trillion...? A blessing to the employess for having a leader like him😘

[@andreicapi3535]

@@JMK948 he looks like him

[@superkevinadventure]

Facts

[@paca7429]

the only reason they usually will support the company is because they depend on their job for money

[@nobody-er6vz]

Bro literally reinvented loyalty

[@natahndolar2142]

More like made innovations

[@Mai-ek8rf]

paid loyalty 100%

[@azearaazymoto461]

@@possumguts The charges came 7 years after his pay cut. Also, criminal charges can't be dropped by the victim. They can request it, but only the prosecution can decide. Additionally, the charges were dismissed without prejudice because they had insufficient evidence, ie. he is innocent because he has not been proven guilty. I don't know what backward country you live in, but that's Article 11 of the Universal Declaration of Human Rights.

[@johnsmith6503]

@@possumgutsBro just because some woman said that you did something without any evidence what so ever does not make it true. Have you ever heard of “innocent until proven guilty”?

[@bloxer9563]

​@@possumgutsstupid comment

[@muchhorrorsuchwow]

It's almost like paying your employees a livable wage makes them wanna work, and increase productivity.

[@fetB]

strange indeed

[@bimates2690]

Makes them more competitive to keep that and if they can't? Well, there's more people lining up for the job because of the wages.

[@jakelewis8194]

His imployees arent making fast food sandwiches lmao

[@steventonche1037]

Almost indeed.

[@sofasniperman]

It worked great for his company, but it shouldnt be done everywhere

[@poodlesnoodles9697]

Not only is he helping his employees, he's helping himself. He was so happy to receive a gift, because it's not a sum he could just shrug off. He kept the ability to relate to people and appreciate human gestures of affection and respect. He is living very well, but he decided to keep his humanity. Props to him 💪

[@Eta30mins]

I don’t understand why it’s so bad and hard for employers to treat employees as a fellow human instead of thinking they are just replaceable. This man understands loyalty

[@Lux_Ferox]

Greed, it ruins nations.

[@GameChanger597]

This man understands the value of not dehumanizing employees into numbers and quota's. I do hope he becomes successful enough to give himself a significant raise.

[@Ghareonn]

It all goes back to "Dodge v. Ford Motor Co." it has been all down hill since then.

[@masterBong1]

greed…

[@modifiedjaymill]

Key word loyalty That’s the difference between today and back then companies and employees had more loyalty Back then there was a incentive to work at a company many years, you would get the promotions and raises and your job was secured. Now employers will cut good employees to keep seeking more talent.

[@pianoraves]

The reactions of those rich folks is a disconcerting showcase of how much control they fear to lose over the poorer people.

[@pianoraves]

@@possumguts From what I'm reading it sounds disgusting. Sad to see such a rare example of fair compensation being used to market a narcissist.

[@doc-holliday-]

@@possumguts Lmao you conservatives are hilarious.

[@tlee4218]

They create the poor or they could not be so grossly rich.. lords and kings we left always return and poor ppl give them their vote????

[@ElizaWebbg]

@@doc-holliday- Are the conservatives in the room here with us, right now?

[@doc-holliday-]

@@ElizaWebbg Let me get out the Quija board and ask. For some reason it just keeps saying "Elizabeth... do better". I dont know what that means.

[@emilypeachesreynolds]

The employees took a pay cut so the company could stay open, and then the company payed them back once it had bounced back. That’s fierce loyalty and trust on both ends!

[@haylobos8261]

So it is not possible. The loonyliberal theory is that you can pay workers a lot through the good times and bad. But you can't. You can only give bonuses during good and take them away during bad. Which what all other companies do.

[@Cthulhu4President]

@@haylobos8261 "It is not possible" ...His business is still thriving. You're literally watching that it is in fact possible, while whining about how it isn't possible. It's 100% possible, but companies are kinda forcing the issue because they don't want anything less than 500% profit and it's hurting the country as a whole. GDP means nothing if half the country that isn't in jail is struggling while ~20-25% of the total population is in jail. This asinine ability Conservatives have to worship the almighty companies and the almighty dollar while claiming to follow God will never cease to absolutely baffle me.

[@Yuki-qh9kg]

@@haylobos8261 there are a couple countries on Europe that prove you wrong

[@tinymushroombigforest9745]

@@haylobos8261 how did you watch all this and then say it wasn’t possible after he literally proved that it is. If that isn’t ignorance idk what is.

[@haylobos8261]

@@tinymushroombigforest9745 You got no brane? They had to take a 40 percent pay cut. High wages for ordinary workers is not possible. He gives high wages when the economy is booming. Then lowers them when there is a recession. Which is what every company does. Get out of here with your liberal baloney.

[@hmmmhmmm001]

This guy deserves the world. As someone working for a soulless company struggling to make ends meet this kinda made me emotional. Knowing that there are people who don't just say their good but back up their words, it's truly beautiful. What a beautiful man and what a beautiful heart.

[@Hana.Behl-Lecter]

The fact that employees were willing to take a voluntary pay cut to help the business AND THE BUSINESS PAID THEM BACK...wow. AND they all chipped in to buy him his dream car...talk about a work family. Amazing...kindness and compassion goes a long way.

[@haylobos8261]

If you say 70K, it should stay 70K. Not 70K when the economy is booming. Everybody already does that. They pay more when the economy is booming and then reduce it in bad times. He is just a charlatan. You people are silly.

[@DebbieAkano]

@@haylobos8261 the employees CHOSE the pay cut. He didn’t take the money off them. They OFFERED. Did you even watch the video??

[@RoSoliTaire]

@@DebbieAkano they probably watched the whole video but did not register that one because they only want the negatives on all the positives that happened in this company.

[@theodorehaskins3756]

@@haylobos8261 No they’re not silly, you should go look in the mirror and tell us where that brain of yours have gotten you! Why did you think it was necessary to inject your dystopian, draconian, fried up frizzle mentality, and all your negativity into this conversation? So maybe the silly one is reflective of you! So let me ask you this question, do you wear a mask?

[@nightsmelodyful]

@@haylobos8261 you're just mad your employer doesnt pay you like a living breathing human being that needs to stay alive

[@Beebo]

A man stands at his tallest when he bends down to help someone smaller than him.

[@Saveg36]

they were never smaller then him.

[@rennardyjuwana7254]

@@Saveg36 we know he or she didn't mean it in a condescending way

[@whynot2734]

no man stands taller than when he bends to help a child

[@nicolasorbegozo4484]

@@Saveg36 You’re not wrong, but the quote is assuming something that many people in society tend to think; that people of increased wealth are bigger than those with less wealth. This assumption comes from the fact that they can afford more things, and sometimes it even goes as far as assuming that the person with higher wealth has a more difficult job requiring more education. To some degree, they aren’t wrong, but if we’re thinking in a more realistic and philosophical way (like you are), you’re right, a person’s wealth shouldn’t and does not dictate a person’s value and place on Earth because we all die at the end of the day, right? 😂 Bottom line, you’re right, but the quote is addressing something many in society believe is true.

[@a_diamond]

❤️

[@Oj_r]

This man created a family not a company. He made sure everyone is taken care of. Amazing

[@robertrishel3685]

It’s a beautiful thing. Right in the face of widespread corporate greed.

[@habibbialikafe339]

Wrong! He emphasizes that the company is not a family, and that it is simply a company and you owe it nothing. everyone deserves time off for their real family. he makes a big distinction there.

[@bethanyschlientz7982]

@@habibbialikafe339 shut up

[@BellicIV]

@@bethanyschlientz7982 no u

[@80sWavrDude]

I'm glad I wasn't the only one to notice this.

[@captureallen8632]

When you treat people right, you will be blessed.

[@MrMikeymontemayor]

The trick is that the CEO earns 70k too but he also earnes HUGE respect and LOYALTY.

[@corieydadon]

Not really

[@davidmistoffelees8459]

@fosterpainter This is why capitalism is failing. Capitalism replaced mercantilism. The main thing in Capitalism is that companies have no responsibility to the system that they leach off of; no other purpose than to generate profits.

[@crimsonminerva]

Yes, lead by example

[@lynnyhen]

And profits, which is awesome!

[@EdEnfected]

That and I'm sure he has other income sources.

[@SEVEN-sg5rb]

This man is richer in life than most humans with the things money doesn’t buy. Great leadership, humility, humanity, honor, love, community.

[@noahremnek3615]

Although he makes 70k he owns the company so his net worth is higher. Just saying but this guy seems like a pretty cool CEO.

[@zpetar]

@@noahremnek3615 Can you tell me what is net worth of being loved and respected as much as he is?

[@noahremnek3615]

@@zpetar Idk his net worth exactly but it probably decently big.

[@notinterested8452]

Long hair...

[@v1nigra3]

A true king

[@Beatngu23]

People calling him socialist lunatic in this video, shame on them. This man is a leader.

[@robvan6274]

Is that why he abused his employees? He is no longer CEO as well. "You have to work 70 hours this week because I pay you 70k or you're fired" sounds like a wonderful place to work.

[@Rayngood]

@@robvan6274 proof?

[@thenameisblu]

​@robvan6274 as opposed to all the other tech firms with their very reasonable work hours./s Even if that 70 per week figure is true that's not so different than everyone else in that space. Larger companies with even crazier hours offer less, thinking that a smoothie bar and gym somehow going to compete with ACTUAL $ when buying the loyalty of employees. It's why early space x engineers are so fanatically loyal to musk.

[@robvan6274]

@@thenameisblu non sequitur. I don’t care about other companies. We are talking and THIS company. Which this is outdated. It was just a marketing tactic. Just a brief web search of this company explains the controversy that unfolded in the months after this was published.

[@thenameisblu]

@@robvan6274I mean he can still be a POS and do the right thing. I don't really get if you are opposed to the potential of praising of a bad person or opposed to the salary policy. Because those are two different things.

[@Clemphim]

What the world could be with more kindness

[@haydenhayden]

It’s almost like treating your employees like human beings with the dignity and respect they deserve has benefits.

[@buddho1135]

Who could've guessed

[@RitaColacoNuminous]

It surely does, no doubt about it

[@TTJJCC]

Imagine that

[@Jacorriee]

Wait you might be on to something 🤔

[@kargs5krun]

No, this is ABOVE AND BEYOND giving "dignity and respect." Much more. This spirit of his is, well, GOD-Like. #sacrifice

[@sjtheartisan]

Probably the best example of how a CEO takes care of his people, and they in return give him fierce loyalty. It’s about the relationships at the end of the day

[@jasminaokicic2563]

Thought the same thing. This is amazing Wow 😍

[@joshdepaola4002]

Probably the only example as well.

[@namamora1190]

@@AddBowIfGirl socialism can work in a very small scale, but when u talk about millions that is a complete diferent beast, there is no control over what everyone is doing, u will have alot of people just sitting around doing nothing waiting for the pay check, and that will create a domino effect that will colapse ur system, socialism is based in the naive premise that everyone is an angel and will do what he is suppose to do for the good of everyone else, and that... is just stupid.

[@jinchuriki7022]

"Its alot" what?

[@stephanweinberger]

@@namamora1190 strange though how those socialist policies are actually working in most industrialized countries... basically the whole of Europe (about twice the population of the USA) is made up of social democracies.

[@YooB1]

This ceo actually cares about his employees not just money. Blessings to this man.

[@u.s.m.c.fewproudthemarines2987]

Exactly friend Gd heart

[@y.t.a180]

Double your return in six months!

[@FreedomofSpeech865]

He is an incredible human being

[@mikegrosso6171]

I wonder how many of his employees would fallow this boss and open a company and pay that well to their workers,or maybe they are too selfish to do that.

[@markwhittaker6866]

I agree.

[@solidagold115]

The hapiness and gratefulness that this man got back, when they bought him his dream car actually made me cry. This was probably so special to him. Not because of the car, but because he saw appreciated he is as a CEO and also as a human to them.

[@peaceinthemidst2814]

This shows that there is plenty of money out here. The problem is the greed of these companies.

[@whimzycloud]

Yeah. I'd imagine that CEO salaries have skyrocketed over the past 50 years to 320x the average employees.

[@JesusLovesyou..1John3.6]

We shouldn’t be greedy or selfish we shouldn’t love money God wants us to give generously 😊

[@izerochan]

@@possumguts You got a source for those claims? Because if it's true I'd like to look deeper into it.

[@znoppen]

@@izerochan the seattle times writes about it

[@znoppen]

@@izerochan and for the record, if you *really* want to dig deeper into it, do the following: 1. copy the first and last name of the CEO from the description of the video 2. append the word "assault" 3. search

[@Coronaboii88]

He humbled himself and put himself in his employees shoes. This is an example of a good human being. God bless this man.

[@wascawywabbit0987]

He has.

[@ghosthhhchjjj3661]

Oegcbb.

[@TheAmericanPrometheus]

i hope he sets a trend and other companies see the benefits of paying their employees more not just for them but for business in general

[@intihumala9087]

He's a complete and total fraud. He purposefully manipulated thousands of client contracts to not only gain an unfair competitive advantage but also swindle millions for personal gain. His brother and his father own a separate company called Axia Payments where they banked millions then got handed a huge lawsuit because Dan Price sold trade secrets and business information for 1,100 clients to launch his own processing business. He has a very dark past and he's lying about only making 70k a year. You can find dozens of articles written by investigative journalists exposing him.

[@matthewfield7028]

@@intihumala9087 cant believe everything you read, I worked for a processing business in NYC. If any of the articles were 100% true he'd be sitting in jail, those supposed claims against him are federal offenses and money laundering.

[@edufehndula6621]

He is a man with a golden heart. He cares about humanity. Kudos

[@maaz322]

There's a difference between being charitable and financially thriving. Obviously allocating your own paycheck to your employees will work as long as you deduct your own salary. That's not a success, it's charity. Good for him, but how can you expect CEO's to incentivize their ambitions and innovations with a meager paycheck that does not expand? Isn't the point of a business to be profitable to the individual to some extent? The man is running some payment company, nothing large-scale. You can't motivate high ranking employees with this business model, clearly Dan Price is the sole captain of this ship, and I'm sure it's a feelgood story but it's certainly not viable. Nonetheless, the poor will be tempted to elicit this example as a call for equitable pay in line with socialist doctrine.

[@juliuskazanecki4281]

Well he figured out a way to get rich on the side through speeches and interviews. He also grabbed a ton of wealth before he did this move.

[@maaz322]

@@Leoo117 You're saying people shouldn't build business for accruing money but for securing happiness?? Such an egregious projection. Not everyone has such 'virtuous' hearts. I'm sure you'll build and manage your own business, expand it, all for one static price tag. Meanwhile, expendable employees will cash out of your hardwork. You clearly have no clue about management and leadership because you're just a poor sod.

[@Leoo117]

@@maaz322 Your missing the connection here. Yes, you build a business to accrue money, but it is more efficient to accrue the money if your employees are happier. THAT is the connection here. Don't take my word for it. Take the word of the guy who already did it. He was humble instead of haughty. Also, there is no need for calling names and being disrespectful. I wouldn't do that to you, so please don't do that to me.

[@alpharenz1329]

His company is a software credit card merchant services company. It has no physical product. Doesn't need expensive business insurances coverages. Just basic ones. His company charges 1 to 3% of credit card purchases and monthly fees. On $100,000 running charges can make north of $3,000 month. Looking over is books they have $3.4 billion in purchases with over 15,000 companies. So they making $100 million year gross income. They have around 200 employees. So about $14 million goes into payroll. Yes, only 14 out of 109 million a month. Around 14%. This guy is a hero, lol what a good samaritan LMAO. You know he gets the money on the back end. Any smart CEO would pay themselves as little as possible. Jeff Bezos salary was $81,840.

[@shugamama4johnny]

The BEST CEO of the year. Keeping his workers HAPPY & THRIVING🎉

[@OlJohnJoe]

This man does something completely selfless and all those people wanting him to fail? But loving the selfish billionaires who give far less and care less

[@Buddhist_Gnome]

This!!!

[@snc99]

Makes no sense

[@AdrianTheSlay3r1]

People love to worship something bigger. It’s the effect of liking something you can’t have, and viewing kindness as weakness. It’s human behavior. Some people are just so inferior.

[@rosivo3142]

they DO NOT care about the people

[@loopz_attack1658]

@@AdrianTheSlay3r1 you say that it is human behavior but then say that some people are inferior? Your ego is showing there!

[@FinessingFinance2024]

This CEO guy took 1mil USD pay cut to increase his employee's compensation to 70k min,the employees took a temporary pay cut during the pandemic,got repaid the difference and actually resulted in a much lower turnover rate and more productivity for the company. This story is crazy good. 😮😮😮

[@lcameeno1]

😮!

[@prodbymorii2058]

And then he got ousted as CEO after allegations of assault and r@pe. Not such a crazy good story anymore huh?

[@dawnkrueger9168]

That sealed the genuine stamp for me!

[@dothamaph]

Imagine paying workers a livable wage and treating them like human beings that are actually integral to your company's success? What a crazy concept.

[@briathomas5310]

Sad, right? This should be the standard. 🤦🏾‍♀️

[@ShittyWankDemon]

Madness!

[@Yus2568]

Far right Republicans can’t believe it

[@Woodsaras]

I could. But i dont have money.

[@thexavier666]

This person is delusional. Some one take him to the infirmary.

[@fixapp1775]

Its not a CEO but a true human with compassion for others.

[@theprogrammer32]

the fact that he KNOWS how many of his employees are buying houses and having kids. THAT is what leadership looks like.

[@philippaul756]

Excellent definition of leadership, Block.

[@smolpener7430]

Leadership has absolutely nothing to do with intrusion on peoples personal lives.

[@inorite4553]

@@smolpener7430 Thank you for providing an example of what Leadership is not. We should all be so fortunate to avoid the mistakes you've made.

[@tclfan0180]

@@smolpener7430 So you think that he secretly taped every birth that took place and kept a tally in a little black booklet? I'm sure the employees voluntarily gave him that info. You sound like a complete nut job, and its never too late to delete your braindead comment by the way!

[@g30b15]

@@smolpener7430 Go to sleep bro

[@MrMaboboz]

Not only has he made his employees loyal he's made customers want to do business with the company because of the humanity he's displayed, well done mate.

[@dnfl-7168]

We talkin about twitter right?

[@cloudsmith7803]

We should question why we do business with Amazon & Walmart....???

[@xGARIDx]

Good example of honest and loyal business right there

[@greenwave819]

Do you actually think he does a single thing for his employees? He did this as a ruse, to glamourfy himself. and he has many common people tricked. however most pros see him as another youtuber

[@MrMaboboz]

@@greenwave819 well according to the story he's done more for people than you probably ever will with that attitude.

[@notkruger7347]

It's like a butterfly effect. CEO shares more - his business thrives, gets more loyal and productive employees, boosts the economy and birth rate and creates a strong, healthy, succesful community. Could you imagine this on a more widespread scale?

[@marinbagaric4755]

I would also Work Harder for a good payment

[@kaan3500]

yeah it's basically an ideal country.

[@mateusdomonte5042]

It's the solution to capitalism

[@silasgs9257]

they dont want it that way. They lose their iron grip on the lower class.

[@notkruger7347]

@@silasgs9257 i'm not saying you're wrong, but why do they do that? do they just want to feed their ego and feel above someone or?

[@DeeJones-iw7mx]

I was just sharing this story to one of my co-workers. What a great way to build company loyalty and morale.

[@Freakybananayo]

the fact the employees bought him that car means that they are loyal and grateful. no one else would do that for their CEO. i hope this company thrives

[@louissanderson719]

I don’t know why. He was already a millionaire

[@cherryfries623]

@@louissanderson719 because he cares about his employees and doesn’t seem them as discardable trash?

[@bandito4492]

@@louissanderson719 maybe cause they wanna thank him for changing their lives, yeah didn’t have to do it, but did it anyways just like how he raised their yearly salary, and his company is still thriving cause of his employees.

[@SLXMLORDS]

@@louissanderson719 money doesn’t matter if people don’t think to give you gifts no one likes you.

[@preben42069]

@@louissanderson719 i think he got less and less of a millionaire over the 6 years he wasn’t paid millionaire money if you know what I’m saying?

[@shadowthephoenix1]

Imagine being one of the losers who criticized this guy. This guy is what all CEOs should be, someone with a heart who knows everyone deserves to live a good life.

[@DISOPtv]

Come to find out, he was only over paying mostly women staff so they wouldn't retaliate against his abuses. "Price has been accused of several physical and sexual assaults between 2013 and 2022."

[@kayiness]

@@DISOPtvhow much are they paying you to get on your knees and bark for *real* creep CEO's who also don't pay ppl?

[@Phirebirdphoenix]

@@DISOPtv soo many people in this thread just want to believe that anyone who has a problem IS the problem...

[@SevSeries-fi5ey]

Dan Price is a whiny loser

[@MypronounIsKing]

@@Phirebirdphoenixwhat??

[@rodcab2973]

Crazy what employees are willing to do when they're treated fairly and giving a chance to succeed in their workplace. This man is doing God's work.

[@ladyzinada5341]

He will continue to thrive

[@Stalkerx13]

You can tell these employees will never quit. They all seem so happy.

[@fakereality4546]

Yep the other business owners who don't like him just mad he exposed them for being greedy world is pure evil

[@Smoke1386]

Get back to work lol

[@Flokoli1]

Some employees think that they're not treated fairly enough when they actually are

[@eigilholm6979]

Employees taking a paycut voluntarily is crazy, it shows much loyalty they have in company.

[@ohhalrightokay]

It’s crazy how some were against this move. If this CEO wants to give a good wage to his employees, let him. The critics are probably the ones who love seeing homeless people on the streets and then blaming the government for it.

[@MikeSchellingMusic]

Other businesses were critical and against it because of it worked (it did) there would be a real precedent for paying employees more and CEO’s less.

[@michael7264]

The problem was this guy wanted other businesses to be FORCED to follow his business model.

[@colesmith7509]

@@michael7264 I mean 70k a year in Seattle should be very little to ask for considering the standard of living. 35k is completely unreasonable

[@AmRFuKYaH]

It's 100% ok if it's on a voluntary basis, when it becomes a problem is when people want the government to mandate this business plan

[@pbj0815]

EXACTLY!!!

[@Nd8tz]

In the long run he’s saving $$ because he’s able to retain his loyal employees and not worry about recruiting, training and hiring new people who will end up quitting after a year anyways. Some of these companies just operate in this endless cycle and don’t realize it’s costing them 10x what it would be if they just paid their current employees reasonable salaries.

[@drradzig81]

Oh, they realize it's costing them more, but the C-suite bottom line is never affected, so they don't care. They'll just keep salaries the same for the foreseeable future, while they get 5x increase in compensations.

[@beebjnu3906]

Costco Wholesale is the worst. They treat their employees like slaves.

[@Predated2]

Its costing the company 10x more on disloyal employees, but the CEO's can earn up to 100x more per loyal employee. Its partially why HR and bosses are so passive aggressive when anyone leaves with no notice, or no longer put you on schedule when you do give notice. Not because they needed the time to replace you, not because it cost the company quite a bit of money to recruit someone new, but because they no longer earn money from your position. Its relatively fine if they can replace you, because paying you 8k a month(insurances etc) while you earn them 20k a month is their real benefit, it doesnt matter if they have to pay 5k a month to replace you, they no longer earn that 20k a month.

[@matteoferrandino3348]

@@Predated2 70k for everyone and he cuts his 1m salary to 70k thats like what another 24 employees worth of no?

[@bradstoner7226]

This guy is a hero. He didn't let Greed control him like 99% of most CEO's!

[@samuelsanchez2010]

But we will not be satisfied, than they will want a raise later down the road. How much can you pay them?

[@sandhanitizer15]

Lets raise that number to 100% and just say he's the one CEO ever to not let freed control him.

[@lindascott3973]

@@samuelsanchez2010 did you watch the video? When there was a downturn during Covid19 the employees voluntarily took pay cuts. Now that's loyalty. You get what you pay for. This company pays for happy, motivated, loyal workers. And generous, they chipped in to buy the boss a fancy car! Similar story: an ice cream shop started offering I think it was $15 an hour. Now they have plenty of staff, unlike all the places you see who can't get anyone to work for them. And the owner pointed out how the staff are happy and cheerful because they didn't have to work 3 jobs to survive and the business was doing great because people wanted to go there for the excellent service.

[@brookelarson8645]

He is ABSOLUTELY AMAZING! HE HAS BLESSED so many people, even taking a pay cut from his own self! Greed is not in his moral compass & I pray his business goes on to be so successful especially during this darn pandemic for many many many year's to come!!! We need more businesses & CEO's/CFO's like this! The world would be such a beautiful place if we can do things like this! Coming together by putting other's above yourself! Absolutely love it..You good sir, are a rock☆star! Sending you love & praise from Cali!

[@russellkasprzyk4934]

99.9

[@TheGarvin]

Crazy how the initial response of other CEOs and economists was "What kind of idiot would support and empower the people that work for them."

[@oneofyou6773]

He found happiness, meaning, purpose, legacy, respect, appreciation, support, trust, loyalty, growth and love. Not to mention success. Other CEOs made nothing more than money. The mere fact that he was attacked for having a good heart just shows you how corrupt the corporate culture is.

[@clarkkent1523]

He not only found it, but he’s spreading it. He’s truly blessed.

[@rozlynreynolds1]

Nicely said.

[@srednaart]

So true!! He has what really matters, and has made people's lives better as well

[@oneshoe7146]

Exactly!

[@lucsonmitton]

Well said he needs to start his own MBA programs too…put them all to shame. God Bless this man

[@Belieberyazmine]

I don't understand why anyone would be upset with a CEO give his employees a livable wage. Both my husband and I work full time and we are still living paycheck to paycheck. Wish this was the norm for more companies

[@ultraplusmusic6101]

Because they are greedy and wicked.

[@jennifer7648]

Same!!

[@DJ-ov2it]

@@ultraplusmusic6101 ???????????????????????

[@moctezuma_2]

It's complicated, right? Capitalism allows companies to find the cheapest labor possible, if they so choose, in order to maximize profits. For a janitor at a local gas station, this might be $8/hr. Whereas a manager at a local restaurant might make $40k/yr. Either way, it's bare minimum based off the market and what people will accept. This guy, however, comes in and says $70k/yr minimum, regardless of market. This is simply an entirely different philosophy then everyone else operates off of. His philosophy requires thoughtfulness and sacrifice and is based off a concrete ideology: that people should make a living wage (of course, what a "living wage" is can be debated). At the end of the day, if the result of all this is that people stop accepting such low salaries and businesses have to start paying their employees more money, I don't think it will be that big of a deal. But as of today, companies are pushing back mostly because they know a large percentage of people are willing to accept much less than 70k. Therefore, raising salaries above what's necessary to hire the employee is foolish (in their minds).

[@erosbutyassified]

how ? …

[@BRUtahn]

Dude, this guy is responsible for some new entire people coming into existence with his generosity. That's incredible.

[@stunna313]

#godfather

[@guysumpthin2974]

Priceless ...

[@call_me_cooper]

@@stunna313 😂😂❤️

[@boa9557]

@@blakejohnson3864 what

[@cormano64]

@@boa9557 Don't worry, it's just Thanos learning to write on KZbin comment sections.

[@monicalewis-schmidt8821]

Bravo!!!! This is the beginning template, may others follow!

[@jasonheneghan98]

It doesn’t take a lot to be a genuine human being, Dan deserves everything the world has given him! There’s not many people like him left

[@bugmanuk]

No, but plenty in the making.

[@tanyathielke3656]

@@bugmanuk I saw a segment on DW (Deutsche Welle) about this being an entire movement that is getting started in Germany and elsewhere. There are cooperative models of business that are taking form, and a few that are already here in the US. I had seen coverage of a few co-op businesses here in the IS. All employees owning an equal share, everyone making enough to live comfortably. There are so many options and as you say, people being made that understand this is the way to go.

[@wangxianbb]

we can all strive to be genuine human beings and then there will be plenty

[@thomasjones4570]

His business is making BILLIONS off of LEECHING off OUR money...he is a money predator, not a hero.

[@xplicks3637]

@@thomasjones4570 Can you explain?

[@JavierHernandez-pc3gu]

Man if my company did this… “fiercely loyal” would be an understatement. Companies get what they give

[@jio06]

I’ll be fighting just to get to work

[@elmalloc]

period

[@KingM119]

@@jio06 literally

[@mateo8120]

No fool. Companies get what the market pays them

[@Xphinity]

So true

[@Cfomodz]

He owns 100% of the stock, so even though his “salary” is 70k (what he needs to live, just as any of his employees), his net worth is skyrocketing (300%) because he took care of his people, and now his people are actually his people - his community, friends, family.. wild idea…

[@SayAhh]

Trickle up economics works 100% of the time for everyone. Trickle down economics also works 100% of the time...but just for the 1%.

[@SavingPrivateBob]

He's set for a good life, for life. Even if he somehow goes bankrupt, these people have his back and will help him get onto his own two feet if he ever needs that.

[@mattc9875]

Smart and fair/healthy capitalism

[@wexqlp3863]

It’s not wild. It’s socialism. And it works.

[@James-xb2yj]

@@SavingPrivateBob it wont come to that for them. the tough part is over.

[@devinsmith5706]

Now this is a leader. What AN ABSOLUTELY amazing man. He won't be getting shot walking down the sidewalk for sure. LOL

[@ev.c6]

This guy has done what companies in Denmark have been doing for more than 60 years now. Congratulations for this CEO for doing what makes sense for humans.

[@Blizz247]

Seems like Denmark is doing it right.

[@Troggedemic]

I'd like to know what it is companies in Denmark do that in any way resembles this. Seeing as I work in Denmark, in a Danish company, and it's nothing like that. Sure, we have much more liveable wages, but that's not due to generous CEOs.

[@xXCdOg24Xx]

It’s a bit more manageable when you have 2% of the US population across Denmark

[@connorv6973]

@@xXCdOg24Xx a bit deceiving of a metric when that "2% of the US population" lives on what represents 0.53% of total US land. Meaning roughly 4x the population density. These things are scalable.

[@thornsandrosess]

​@@Troggedemic in the video they explain that american ceo's tent to make ×320 the lowest income in their company. While in europe (if i remember correctly) the standard is around ×70. Which is still rediculous, but in comparison already a lot beter. Bc all that money payed to 1 person can now be used for more balanced saleries, or investments in the company.

[@ninjaninja9954]

This is the only company you can call "family" without being fake. Other companies have this family culture BS but it's for you to stay in the company while they pay you peanuts.

[@LessFluff]

a lot of them have family culture but only between low earning workers...

[@projectx7453]

True

[@gateauxq4604]

Maybe the other companies are family too, it's just terrible abusive ones.

[@ninjaninja9954]

@@gateauxq4604 i wouldn't call those families then

[@alonso.martnz]

Peanuts xD

[@ItsDanny91]

I don’t see why a CEO needs to make more than 500k. Many of them are making $30 million a year and there is no 70k minimum.

[@LeroxYT]

Exactly, its not like CEOs are better than others, or its so difficult and time taking to be a CEO, so why should a CEO be paid more than a million

[@CorpusGreed]

Because... the can. I mean, i get your point, but that's what happens when you have an opportunity to earn enourmous money. I mean, it's understandable if he has a huge family, kids, their education, maybe helps out his elders and so on, but usually it's just because people are greedy. "Why should i put money in pockets of my employes if i can put them all in my own?"

[@jonmcclain662]

The CEO took the risks and deserve to reep the rewards, the employees didn't had to put in a lot of money and time to start the business, its a lot of work to start one, that's why many don't and the ones who do and not put everything in place ends up failing. If ppl want fairness, then the employees should risk bankruptcy if the company fails as well, the only one burden with that risk is the ceo/owner.

[@KK-fw4zq]

$30million is quite generous lmao. Delta CEO bonus was $25 million during Covid and he fired 20% of his employees. Guess his bonus was more important than those employees.

[@braedonallen4291]

@@jonmcclain662 CEOs are hardly ever those who started the company. They're usually brought on board an already successful company specifically to maximize shareholder value. So, they in fact face very little risk, and there is no reason why they can't afford to treat their employees well, they simply choose not to because paying your employees well and giving them good benefits decreases quarterly earnings and slows share value growth, which means that their paycheck won't grow as quickly, and they obviously can't have that (/s). Ultimately, it boils down to shortsighted greed.

[@wardeni4806]

You pay people poorly, you get unmotivated part-timers. You pay people well, you get motivated experts. You treat people poorly, you get enemies, you treat people well, you get friends.

[@23Peaches23]

“I feel bad for people with lots of money, because that’s all they have” -RJ Spina This guy is awesomely the opposite of most CEOs

[@AmericanGutierrez18]

You must not know what money is for😂 go vote biden again loser lolol

[@ryanjofre]

Amen. Instant Hero. Paying back the short they took during the pandemic after business returned to optimum is fuking stellar.

[@SusiesRepeat]

This guy knows that happy employees will be loyal and give back as much if not more than he could give them.

[@LOKSTED]

Alternate title: Man who overpays his employees only become successful after 6 years

[@23Peaches23]

@@LOKSTED most businesses completely fail or go bankrupt within 2-5 years. Your point?

[@michaelloflin7278]

I hope this man and his company thrives for many years. He is a blessing to his employees.

[@bryan-cv2ew]

He has a superiority complex. he has accusation of harassment and rape, with police investigations. The company is also financially unstable and has been since the day he announced this 6 years ago

[@missedinfo4623]

@@bryan-cv2ewthey were bound to come for him.

[@simonstevenson6686]

@@bryan-cv2ewThe allegations were dismissed

[@alwill6536]

Partially true. The company is doing well. He did get charged but he beat the charges. None the less, he still stepped down as CEO so he wouldnt hurt his company or workers. ​@@bryan-cv2ew

[@kowismo]

sure sure soruce trust me bro@@bryan-cv2ew

[@jasmineenimsaj]

He should be teaching in every MBA program across the country. His humanity yields what money cannot not buy; community. America could use a reboot in this humility.

[@drduzzit8761]

Amen to that

[@Augfordpdoggie]

thats why i left permanently and came to Africa

[@mr.horrorchild4094]

Not everyone should get a 70000 dollar paycheck 🙂

[@SueDeNym08]

@@mr.horrorchild4094 Not every person would want it. Employees whose values align with this company are the ones who want to work there and are earning their pay. People who don't work hard, aren't team players, or are self-serving either left or didn't get hired. I see no problem using a pay scale to weed out unwanted employees.

[@posh7079]

So that every future business owner can bankrupt their company within days? nice!

[@HappyHacksForYOU]

Brought me to tears! The selflessness is remarkable. He is a true example of what service and being there for others is. WOW!

[@martintsanov4341]

70k is the magic number. His employees can cover their expenses without worries, which will lead to higher productivity.

[@JohnSmith-ww2mg]

and the likelihood of people leaving his company for better pay elsewhere is significantly reduced and he can retain very good employees who will be loyal to him

[@jessicapierce3027]

And also help the economy. Imagine if all CEOs would run their businesses with their brains and not their greed.

[@jessicapierce3027]

@Kevin Tati sadly we already are. Very true just increasing wages isn't enough.

[@dongo6988]

@@Concretetime it’s because of minimum wage raising, if minimum wage goes up so do taxes, and so does just about everything else (inflation). Sadly, almost everybody in the world is greedy. Occasionally you come by a company like gravity that actually cares about employees, but that’s a one in a million case..

[@matthanyfiedtano4175]

@@Concretetime that’s called inflation not democrats.

[@Reglaized]

He only takes $70,000 home and he never even mentioned that his company was “family”.

[@vbgsantander]

Yeah right! When someone says that about their company its a 99.9% probability that they are the worst instead of being one of the good guys

[@keus7453]

so true bestie

[@SyedAli-xb8by]

he probably makes more than 70k I'm assuming that 70k he mentioned is just his cash compensation usually the bulk of exec pay is stocks

[@frequentrage3806]

@@SyedAli-xb8by It's also possible that he just has millions in savings and is living off the 70k/ year until he retires. Plus you have a good point he can sell of shares of the company that he is growing in value and giving good publicity to.

[@rosifico]

Which is ironic because some of the employees are literally family lol

[@Shy-xm4kn]

This man is a great boss. He’s not greedy and truly cares about his employees happiness and health! I hope he has a super prosperous life!

[@Shy-xm4kn]

@Tyler why not both? 🤔 also try not to be a negative nancy babes it’s not a cute look.

[@Someone-ft5lw]

@@Shy-xm4kn Wtf is a nancy babes? plus he didn't say something negative.

[@LexieFletcher]

He abused his wife so he isnt t that great of a person

[@TurdJesus]

@@LexieFletcher she probably didn’t want to take the pay cut 😂

[@LexieFletcher]

@@TurdJesus domestic violence isn't very funny

[@LoriPelzer]

Timing of this showing up in our feed. Made me feel good. Anyway as a small business owner I’m going to check them out.

[@shesadreamer22]

“we’re not just living, we’re able to thrive” that’s what life should be about

[@jaden5843]

All these technological advances, and people are just trying to survive. I wonder why 🤔

[@msawmusic]

Made me tear up. No lie. Valuing your employees over profit is true leadership and this man will continue to be blessed for it

[@ladyzinada5341]

Yup

[@SGGCREATIVES]

The crazy thing is, he still makes a profit. A very good profit. Just not an obscene profit as other CEOs do.

[@OMIEntertainment]

@@SGGCREATIVES This is what life is about. If we all lived this way the world would be so much better because we all would be in a position to help others instead of just surviving.

[@177SCmaro]

You're free to do this but virtue signalling in this way is remarkably expensive. In a company were the janitor makes as much as the CEO while contributing far less economic value, weeeell...let's just say that generally doesn't end well.

[@msawmusic]

@@177SCmaro that’s only relevant to what’s “expensive” for you. I’m sure he hired a 3rd party cleaning service to clean their offices.

[@mollycblaeser]

We need more CEOs like him. The fact that politicians and capitalists trashed him is so disappointing. They're so greedy and out of touch.

[@bsokol_]

As a capitalist I can’t agree more 😂

[@phifrom5]

Unfortunately he's a serial woman abuser/assaulter. Why does this always happen with the nicest-seeming guys? :(

[@jakeyjakes_]

You should stretch before you reach

[@Beksiee]

@@browncatwithblurredbackgro2461 shut up bro

[@user-ur5fz5ol8n]

@@browncatwithblurredbackgro2461 how many older people do you think can genuinely preform at a job that I assume is 99% computer and over the phone work. Has nothing to do with whom he hires and everything to do with the fact that the older generation isn’t as good with technology by large.

[@KePzez]

The value of loyalty is the most priceless thing.

[@OhHeyItsShan]

They took a voluntary pay cut when times were hard and when things returned to normal, the company actually paid them back for what they had lost? Amazing! Who would want to leave a company that cares for you this much?

[@whodis5774]

What capitalism should be; businesses with excellent leadership have terrific flexibility

[@mclilzenthepoet2331]

@@whodis5774 this isn't capatilism what this boss is doing is giving his workers there actual value that he would usually take in the name of "excess profit" if you know you know

[@nickl5658]

@@whodis5774 What is happening in this business is not capitalism. It is not cost effective as capitalism would desire. Instead this is socialism. The companies prides itself on the number of babies its workers have. That is a company focusing on the social aspect.

[@MrCAHRLIE22]

@@nickl5658 spot on

[@shells500tutubo]

@@nickl5658 The goal in capitalism is to make money. The company is making money. The difference is that the CEO is not a pathological hoarder. All these greedy CEOs are hoarders, but instead of cats and magazines they hoard more money than they can ever spend, and even that isn't enough. As AOC said, billionaires shouldn't exist. If you have a billionaire CEO you have a criminally underpaid workforce.

[@FreeSpokenOne]

He isn’t crazy, he’s valuing employees, something all employer’s should do. Be for helping others get ahead, treat them as you would want to be treated in the workplace. I spent 33 years with a man like this, who put needs of employees first, invested money for them to have upon retirement, and when times got hard, received NO paycheck for 3 years to prevent laying people off. No job in his company was beneath him to do himself. He’s gone now, but never forgotten for being like this, and I in return would have taken a bullet for him anytime.

[@thewakandankingtchaka5331]

Sounds like a champion.

[@jeffalbillar7625]

I don't know why, but your comment moved me. I felt the last sentence especially.

[@Picachki]

So many people feel unappreciated in their line of work. I’m happy you felt appreciated and cared for. He sounded like an exceptional individual! Glad you had each other in life.

[@luzye]

Thank you for sharing!

[@willm3027]

What a legend! Rip to that man!

[@alb5801]

The fact that CEOs normally making 320x what the employees make is astounding. He took a pay cut, and his employees voluntarily took temporary pay cuts in the pandemic says a lot. That they also chipped in and bought him a dream car, They love and respect their boss, not many can say that!

[@justinhenryrebel]

I mean he takes all the risk

[@jish55]

@@justinhenryrebel not just him, every one of his employees are in the same boat as if the business fails, they're out of a very well paying job from a loving environment that gives them the opportunity to succeed. So they have just as much at stake because they're now more invested and want to help make the company a success, not just the boss.

[@watchingover3592]

This is an extreme example where the CEO earns as much as his employees but in the 1960’s CEO’s earned 21 times their employees salaries . Now its 320x’s which has caused the shrinkage of the middle class and added to the huge disparity between the rich and poor.

[@Gadget-Walkmen]

Well said!

[@Paula-fd6lj]

This is how you build a family company and not just a company. This is what happens when the CEO is an empath and not your usual psychopath !!

[@SSmith-sx3ff]

He BLESSED his employees they blessed him back and his company is still thriving! What a model lesson.

[@infinitemonkey917]

No he more evenly distributed company profits among the employees. Why do you have to use a religion adjacent word ?

[@Dylangreat123]

@@infinitemonkey917 because that’s how people like that make sense of their reality

[@metalvideos1961]

@@infinitemonkey917 because people like him/her are completely brainwashed.

[@Nokzima]

Exactly! But the greedy executives don't believe this. Some people love watching people squirm and live paycheck to paycheck. They basically live off the backs of the workers...This is a beautiful story because he actually cares about the employees....But you know the psychopathic narcissis won't understand this selfless move...

[@pastoryoda2789]

*That dude got soo much money now he is banging his asian wife for babies*

[@benwood7475]

The fact that this man was attacked for daring to try is insane to me. As long as the company is profitable then it’s all ok. As ever failing to look closer.

[@SusiesRepeat]

That is because he is showing up every other ceo for what they are money hungry people with no soul.

[@LOKSTED]

Alternate title: Man who overpays his employees only become successful after 6 years

[@adamant5550]

@@LOKSTED Meh "success" is subjective. Some are perfectly fine with making a decent living and not being kajillionaires. This is a very small town, communal way of thinking that creates an enduring sense of community. The corporate CEO mentality that came out of the 80s ruined commonsense business practices.

[@LOKSTED]

@@adamant5550 I suggest you read the Glassdoor review from his employees. This guy is just doing publicity stunt

[@adamant5550]

@@LOKSTED I'll check it out. Perhaps some things are just to good to be true.

[@PeridotPrincess]

He makes $70,000 annually along with his employees. How many CEO’s would be willing to do that? This is simply awesome! Hopefully, we see so much more of this in the future.

[@Words-of-encouragement.-.]

Very few. Which is also fair if that's how you choose to run your own company. I just don't agree with underpaying employees. You can pay employees a good salary/hourly wage and still make more than them.

[@JohnDoe-qz1ql]

And the thing is that other CEOs, no average, make much more than him. A cut to other CEOs wouldn't even their pay relativa to employees.

[@inorite4553]

Kinda makes you realize that when it comes to CEO and employee pay, the free market doesn't work.

[@bmona7550]

Smart since most CEOs or the ultra rich end up feeling listless and empty hoarding all the money. He dodged a depression bullet

[@michellep9536]

True, but a part of me feels like they deserve all that money, y'know? Like they put in the work for it

[@DavidTaylor-n1z]

Now this is something real that helps real people and real families. This doesn't happen often but when it does it get welcome and helpful resultss. God Bless this good man and his family.

[@SagostundenSvenska]

Wow this deserves way more attention than it's getting so far. What a person. And he's happier for it. Lesson for sooo many people. Not only CEOs but all of us to be honest. Everyone could do this in scale.

[@daveyjoseph6058]

Everyone should. Not sure that everyone could.

[@nina-111]

Dan is a rare gem. You never see a CEO doing this. Bless his soul.

[@AferAlR]

I own a small company, in my country Indonesia. I give all of my employees way over minumum wage. The result is really good: employees loyalty, employee productivity increased, and due to our employees being happy at work, our customers are always getting served greatly 👍

[@Gonpachirooooo]

@Don Carver I don't know, seems like he's thriving to me

[@EagleZtoTheGrave]

@Don Carver Kindness & caring about the people under you thriving isnt stupid, as long as you level the risk.

[@CrtnyNicole]

@Don Carver seeing as business tripled and employee turnover was cut in half, I’m not seeing any logic in your argument. Did you even watch the video…?

[@dlcdaniel6308]

@Don Carver the more coverage the business gets from this situation, the more customers they will receive. Their employees are seasoned and new ones are learning fast, this boost in employee performance increases customer satisfaction, raising the number of loyal customers and future business transactions. As long as they can keep the press on this for a bit to get even more customers, and those customers talk (because the majority of us do like to support a business that supports its employees) they'll get even more business than the last time they had this coverage. I don't think that money is going anywhere but up

[@CM-dx6xu]

A man with a big heart. Willingly giving his own money for the sake of employees. He deleted greed from the equation, in turn brought loyalty and love for everyone. I aspire to be like him someday.

[@theobell2002]

You aspire to be a grapist?

[@TurningKhan]

@@possumguts You care to share receipts?

[@kkampo_]

the company is bleeding money and wont be paying any employees pretty soon.

[@TurningKhan]

@@kkampo_ You still have not given any receipts, I do not believe you; also that statement is a 360 from your previous one. EDIT: Hang on. I though you were the other commenter. Still, no receipts, I still don't believe anything.

[@Metal_junk]

@@possumgutsProof? The charges were dismissed.

[@cheylikespie]

This is how I feel about my boss. He's not a big CEO, just owns a small business where I am the only hired on employee and this man takes such good care of me. I was able to finally move out of my parent's house and start a savings account for myself. Bosses who care make fiercely loyal employees!

[@riogc3257]

We need ppl like him, he’s a guy with a big heart! Not only creates a successful business but a family!

[@cantu7614]

Well not for investors or anything but ig

[@cantu7614]

@Jaxon Healey eh kinda

[@jayrose8638]

@@cantu7614 it’s literally working for him, his employees, and his business.

[@BeeHiverson]

Why is he only paying 70k they could thrive even more if he paid 140k

[@cantu7614]

@@jayrose8638 right but like he would never get investment from investors if all the money is pumped to the employees.

[@mizueeep]

This has gotta be the best "I'll prove you wrong" moment, guy is so loyal to his company and so humble, may his company continue to grow

[@trollmaster4648]

Amen he’s a good man

[@JustinFromMD]

But it’s not. 70,000 is not a lot in fintech. It’s peanuts. He wants you to believe that, that is what he is paying formerly minimum wage earners. You just bought into his marketing.

[@drakevick1646]

He understands the saying, “it’s better to be loved than to be feared” to its fullest. People don’t go out of their way because they’re forced to, they go out of their way because they want to, and he knows that mentality with his employees is basically the most sustainable type of business style

[@lonebear7563]

The quote is actually "It is better to be feared than to be loved, if one cannot be both." It’s from the prince, if you haven’t read it I’d give it a read. It does open your eyes more than you’d expect.

[@lonebear7563]

I do agree with what your saying it’s just the source your pulling from basically argues the exact opposite point your making

[@jesuschrist7833]

@@lonebear7563he was quoting A Bronx Tale…

[@bojnebojnebojne]

100% agree

[@LeahIsHereNow]

People who get respect because they are feared are not truly respected anyway.

[@syntaxed2]

Meanwhile on Wall Street - "Taxes are stopping growth" Meanwhile in historical facts - US best decades in history = 50's and 60's - also the highest taxed US decades in its history

[@newpapyrus]

True!

[@geminislefthand]

He's a servant leader... all the other CEOs aren't leaders, they're "bosses. Good job man!

[@Techblair.]

Agreed!!!!!!^^

[@sillygoose635]

that's not true, there are good CEOs out there

[@whynotbekind1957]

True...any one can boss....few can effectively lead. he's a leader.

[@BENKYism]

Oh yeah, giving himself salaries of up to $1.1 million a year for 11 years while his employees had minimum salaries of $35k makes him a "servant leader". He didn't double the salaries until his brother filed a huge lawsuit against him for underpaying employees, vastly overpaying himself, and not paying shareholders! But by then, he already had a multi-million dollar nest egg from the money he stole from his employees' salaries. You should google things when they sound too good to be true.

[@bigtaz504]

It’s nice to know that people like this still exist. Warms my soul. Really.

[@Nola50]

Sadly it's very rare tho. That's why they made it on the news.

[@russelherman6226]

... And in muriKKKa of all places...

[@ricomarez7834]

I got chills hearing about the employees willingly taking the cuts for the company and then being repaid in full. It’s really moving. Honestly if a boss were to do such a kindness for me and my company I would do my best to return the favor.

[@j.brown70]

Me too. My heart melted when they said he repaid them in full. Amazing!

[@need100k]

And they do exactly that. Treat your employees well and they do a MUCH better job. Customer service improves which keeps customers and brings in more customers. It's a win for EVERYONE. There are no losers in this anywhere.

[@oliviapasquarelli99]

One company making it possible for 60 people to have children is actually a massive impact when you think about it. He's creating a massive ripple effect not just in his employee's lives, but for their families and for their communities and local economies.