Business

Business

CEO Raises Salaries to $70K for EVERY Employee, Now has to Rent Out his Own Home to Make Ends Meet

Back in April we told you about Dan Price, CEO of Gravity Payments, who said he would pay every single one of his employees $70,000 annually.  Every single one, from the lowest skilled workers on up.  Now, as expected, Price has fallen on hard times financially, even having to rent out his own home.  Employees who work for Gravity are now leaving the company, “spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises.”  

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Jamba Juice Moving Headquarters From California To Texas

It has been well documented that the liberal wasteland of California is not only going broke but they are also doing everything they can to encourage businesses to leave the state.  The ridiculous minimum wage hike and egregious taxes on businesses have created an economic climate that simply isn’t conducive to growth.  Now it looks like Jamba Juice is the latest in the long line of businesses who are leaving the state.  

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