Name: CEO reveals why he raised minimum wage to $70,000
Uploaded: Wed Apr 15 2015 12:10:00 GMT+0000 (UTC)
Duration: 2 min 23 s
Description: NBC’s Hoda Kotb talks with Dan Price about why he raised the minimum wage at his company, Gravity Payments, to $70,000 a year. Many of his employees’ salaries doubled, while Price took a pay cut to $70,000 from nearly $1 million.

April 15, 201502:23