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It’s Not Easy: The Challenge of Paying Employees a $70,000 Minimum Salary(0)

August 3, 2015

Gravity Payments CEO Dan Price made headlines four months ago when he announced that his Seattle-based credit card payment processing startup was raising employees’ minimum annual salary to $70,000. Columnist Gael O’Brien says the ensuing maelstrom offers insights into resistance, the need for new work paradigms and how leaders give voice to convictions.

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Why More Companies Are Speaking Out on Social Issues

Boeing and IBM were among the large employers in South Carolina calling for the Confederate Flag to end its reign over the state capital last week. They are among a larger group of companies increasingly speaking out on issues such as anti-gay discrimination, immigration and race relations. Columnist Gael O’Brien offers thoughts on what’s driving the trend – social conscience or self-interest – and whether it matters.

Feds Want to Run Flimsy Motorcycle Helmets Off the Road

After years of inaction, federal regulators are trying to crack down on the use of cheap novelty helmets linked to thousands of motorcycle crash deaths and injuries in recent years.

Report: ‘Unethical Behavior’ Continues to Plague Financial Services Industry

A new survey of the U.S. and U.K. financial services industry finds that the upswing in financial markets in the wake of the global recession hasn’t done much to improve public perceptions of leading financial institutions – mainly because the underlying behavior of those working in the industry has worsened over the years.


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