![The $70,000 Minimum Wage](/summary-img/25778-JL3PTU80.jpg?h=M&b=0)
Recommendation
Entrepreneur Dan Price made international headlines in the spring of 2015 when he announced that his company had established a $70,000 minimum wage. But he didn’t risk his company’s financial future just for 15 minutes of fame; he has a much bigger goal at heart – the well-being of his employees. In this Aspen Ideas Festival interview, CNBC’s Kelly Evans probes Price about his momentous decision. getAbstract believes their conversation will enlighten corporate leaders, human resources managers and business innovators seeking fresh ways to improve productivity.
Summary
About the Speakers
Dan Price is the founder and CEO of Gravity Payments. Kelly Evans is co-anchor of CNBC’s Closing Bell.
Comment on this summary or Start Discussion