CEO defends setting $70k minimum salary

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  • เผยแพร่เมื่อ 8 ส.ค. 2015
  • Gravity Payments CEO Dan Price tells CNN's Poppy Harlow that despite some challenges his pay raise strategy created, he is happy about his decision.

ความคิดเห็น • 283

  • @ejgalindo82
    @ejgalindo82 5 ปีที่แล้ว +379

    This guy has the right mindset, his business grew 70% and got flooded with job applications and his employees are so happy that they bought him a Tesla.

    • @MazaAzi
      @MazaAzi 2 ปีที่แล้ว +10

      don't forget, when corona hit his workers VOLUNTARILY refused to get payed! AND HE PAYED THEM THEIR LOST WAGES AS SOON AS HE WAS ABLE
      note "Able", not "afford it", "ABLE".

  • @audreymuzingo933
    @audreymuzingo933 4 ปีที่แล้ว +367

    This dude is not extraordinary; he is a NORMAL human being. The level of greed most CEOs have is neurosis.

    • @kickinvideo333
      @kickinvideo333 4 ปีที่แล้ว +1

      Audrey Muzingo Amen! and Corporate News Network is the last place to give a shit about normal human beings

    • @TheFamousMockingbird
      @TheFamousMockingbird 4 ปีที่แล้ว +13

      I think he's a pretty extraordinary guy. Until you can actually look at that level of money and see the security it could provide for your family, because a business isn't guaranteed a next quarter. He cut his salary just to 80k, barely more than his min wage. People have coworkers with the same job title who make larger amount more than this guys pays his call service squad, and pumped all his savings into the company since he was now paying more and had to readjust. He took a risk of it collapsing so his employees can be given a true level of security. If he were a normal human poverty wouldnt be crushing our country. Im glad CEOs like him are around
      Its also worth noting that its based in seattle where before rent the cost of living for a single person is around 1100k a month so while not the worst for a large city its not exactly Spokane.

    • @kickinvideo333
      @kickinvideo333 4 ปีที่แล้ว

      TheFamousMockingbird No good deed ever goes unpunished

    • @dafightinfish2747
      @dafightinfish2747 4 ปีที่แล้ว +1

      It's a very smart publicity stunt. Most of us never heard of this guy's company before he did this.

    • @kickinvideo333
      @kickinvideo333 4 ปีที่แล้ว

      DaFightinFish I disagree. I see absolutely no marketing value to justify the labor expense. I don't see added value to customers either.

  • @shethewriter
    @shethewriter 4 ปีที่แล้ว +228

    I can’t believe this guy has to defend the fact that he’s paying his employees a living wage. Give me a break.

    • @InternetMameluq
      @InternetMameluq 4 ปีที่แล้ว +8

      To be fair this is more than a living wage... it's a damned good living wage, and it's the start only.

    • @oskeeproductions5643
      @oskeeproductions5643 4 ปีที่แล้ว +10

      @@InternetMameluq its not really that much when u compare billionaires that wipe there ass with diamonds

    • @AmieB2005
      @AmieB2005 4 ปีที่แล้ว

      @@oskeeproductions5643 Lol!

    • @Fujtajblus
      @Fujtajblus 2 ปีที่แล้ว

      But you can understand that people who worked their ass off to be where they are might not be happy that suddenly someone makes the same money as them, right?
      I mean there should still be some progression. It should not happen that your experienced employees have the same pay as those less experienced who do not bring as much values as them. Pay rate is (and should be) based on competency and performance. Otherwise you will get people to just slack off if their performance does not matter.

    • @cvlcek144
      @cvlcek144 ปีที่แล้ว

      @@Fujtajblus I doubt anyone at his company just "slacks off" and gets paid for what they do. It doesn't, and shouldn't matter how far you go to get the highest pay. Some people like myself just want to be able to live their life and not barely survive. Just work to get the living wage? Well where is my money going to go then so I can? Because I got bills, taxes, food, etc all to worry about. None of that can be taken care of when these companies are increasing prices, and barely paying their employees enough. At least this man actually gives a damn about the lives of those who work for him!

  • @joec.9591
    @joec.9591 4 ปีที่แล้ว +133

    He didn't give merit raises, he set benchmark income. Huge difference. Well done, Mr. Price. Well done.

  • @errolvanzie4765
    @errolvanzie4765 4 ปีที่แล้ว +117

    2019 and his company is still growing!

    • @electrojars
      @electrojars 3 ปีที่แล้ว +17

      2020 and then pandemic hit, majority of employees offered paycuts to save the company and to not lay off people!!!! this is a pay forward pay back GREAT KARMA!!!

    • @isimioyekunlemarktaiwo3643
      @isimioyekunlemarktaiwo3643 3 ปีที่แล้ว +6

      His company today has made a profit 5Xs..this man is blessed

    • @hithere5553
      @hithere5553 2 ปีที่แล้ว +7

      @@electrojars that’s what happens when you treat your employees like fellow human beings and not chattel.

  • @novacaesar9303
    @novacaesar9303 4 ปีที่แล้ว +64

    This kinda behavior should be praised to encourage others.

  • @timbodel
    @timbodel 8 ปีที่แล้ว +103

    Met this guy in NYC, he is just a genuine and caring guy. Meaningful change comes from people being unconventional. Maybe it works and maybe it doesn't, but its gotten people talking, which is a step in the right direction.

    • @drakadog7405
      @drakadog7405 4 ปีที่แล้ว +2

      @@darkopz PLEASE help me find documentation to support your post .

    • @fred6319
      @fred6319 4 ปีที่แล้ว +3

      @@darkopz Oeps th-cam.com/video/4ygSJwzJ1tM/w-d-xo.html
      talking out of your ass

    • @arnibah
      @arnibah 4 ปีที่แล้ว +1

      @@darkopz
      It looks like you 've fooled.

    • @govardhanposina17
      @govardhanposina17 2 ปีที่แล้ว

      @@darkopz the business is failing you say...

  • @Addamo
    @Addamo 4 ปีที่แล้ว +117

    This is the kind of guy person that should be running for President

    • @johnimusic12
      @johnimusic12 4 ปีที่แล้ว +25

      That would be Bernie Sanders.

    • @bodybalancer
      @bodybalancer 4 ปีที่แล้ว +16

      Andrew Yang is another stand up dude who wants to directly empower people with cash money

    • @mariyaj1866
      @mariyaj1866 4 ปีที่แล้ว +7

      He already endorse Andrew Yang 😏

    • @pii2008
      @pii2008 4 ปีที่แล้ว +1

      This kind of woman should find another job. Basic ass corporate media.

    • @kickinvideo333
      @kickinvideo333 4 ปีที่แล้ว +6

      Actually, there is just one person just like him running for president
      #Bernie2020

  • @a1a846
    @a1a846 4 ปีที่แล้ว +47

    This was 2015, here in 2019 just saw an interview with him on TYT and his business has done nothing but thrive, he's even expanded buying a business in Idaho where the employees were making 24,000 a year and on day one went up to 40,000 and are being increased every year till they get to 70,000. Amazon, Disney, facebook, Google, etc could do this in a heartbeat and it would barely effect their bottom line and I'm guessing worker productivity would skyrocket not to mention the serious PR boost they'd get. It would massively stimulate local economies and make huge inroads into the massive levels of consumer debt in America.

    • @babasolaosikoya5947
      @babasolaosikoya5947 2 ปีที่แล้ว +3

      Exactly. They would have staff that are loyal, will fight for your business.

  • @exexgay
    @exexgay 4 ปีที่แล้ว +62

    What is this woman talking about? “Giving employers wages they didn’t necessarily earn.”
    This is an absolute nonsense statement.
    This guy is amazing and I hope he wakes up other CEOs!

    • @420jahlion
      @420jahlion 4 ปีที่แล้ว

      some of his employees that didnt get as big as a raise and still making more than the 70k are bitching that they should have more. they feel like since some people now are making a good pay that they should be paid x2 or x3 more . even though these people did get a raise they feel like others should be paid less and them more.

    • @exexgay
      @exexgay 4 ปีที่แล้ว +7

      420jahlion Hm, that makes those people jerks. Why wouldn’t you want your colleagues to make a living wage? Regardless of how long they have been with the company.
      Wage is a manufactured number. So the idea that someone didn’t “earn” it is nonsense. The only reason why companies pay their employees crap wages is because they know that they can get away with it. It has nothing to do with the value of a person.

    • @Ema-nt3gp
      @Ema-nt3gp 3 ปีที่แล้ว +2

      And I bet during the COVID crisis, she praised the same employers that she deems don’t deserve $70K/year.

    • @exexgay
      @exexgay 3 ปีที่แล้ว +2

      Ema Right.
      I still don’t understand the mindset of “giving employees wages that they didn’t earn.”
      Who sets the caps on what people deserve to make? Clearly she thinks she is some sort of arbiter of other people’s reality. An employer can pay whatever they want for the services of others. I don’t care what the job is, the idea that this random woman gets to determine what someone “deserves” to make is the height of arrogance.

  • @RizztrainingOrder
    @RizztrainingOrder 4 ปีที่แล้ว +85

    What a REAL Christian man does when growing up with extreme wealth, paired with being raised correctly. He helps those less fortunate and cares for his fellow man!

    • @RizztrainingOrder
      @RizztrainingOrder 4 ปีที่แล้ว +8

      This gentlemen himself said in several interviews, that he was raised in a Christian home, due to being raised in that environment and family wealth he made a choice to help those who weren't as fortunate as him. HIS CHOICE HAS ALITTLE BIT TO DO WITH HIS BELIEFS! Perhaps you'd see that if you were raised correctly to care for your fellow man.

    • @alflife2007
      @alflife2007 4 ปีที่แล้ว +1

      @@RizztrainingOrder that nor what changed his mind he got 1.5 million bevor he changed becuase he saw the problems that other had and that he could live on the 70k that dont need religion.

    • @blobbo4645
      @blobbo4645 4 ปีที่แล้ว

      So why’s Christianity such a joke if it’s supposed to bring good morals?

    • @MrToxx525
      @MrToxx525 4 ปีที่แล้ว

      Sasha Da Masta Sure it does but little to no Christians follow those simple ideas. What Jesus is a socialist? Not in this America. I can give you a list of horrible shit in the Bible as well. I’ll make that list and will give credit where credit is do. I bet it blows your point out the water.🤷‍♂️

    • @hithere5553
      @hithere5553 2 ปีที่แล้ว +2

      It’s as Jesus said “it’s easier for a camel to go through the eye of a needle than it is for a rich man to go to heaven”.

  • @quindora
    @quindora 8 ปีที่แล้ว +23

    I would go so far to say that this Employer is a hero.
    Thank you.

  • @HMcQ7891
    @HMcQ7891 4 ปีที่แล้ว +30

    This is how the Capitalist system can work FOR people. Instead of people working FOR the Capitalist system.

    • @tombodkin5377
      @tombodkin5377 3 ปีที่แล้ว +1

      well this is an anomaly

    • @TheMarcosvolta
      @TheMarcosvolta 2 ปีที่แล้ว

      @@tombodkin5377 due to the norm being "greed"

  • @slav7221
    @slav7221 4 ปีที่แล้ว +47

    Trickle down economics happening for the first time has everyone so shook lmao 😅 like companies really gonna pay well? Cuz they usually don’t

    • @Priestofgoddess
      @Priestofgoddess 4 ปีที่แล้ว +14

      It is not trickle down economics, he does not pay their new salaries from tax savings. It is more redistribution of wealth.

  • @Salma_143
    @Salma_143 7 ปีที่แล้ว +49

    Amazing CEO!! This is the true meaning of humanity & compassion. 😊

    • @darkopz
      @darkopz 5 ปีที่แล้ว

      Salma Until you read behind why he did it and what’s happened to the company and him now.

    • @johnimusic12
      @johnimusic12 4 ปีที่แล้ว +2

      @@darkopz what are you talkin about? You mean the haters coming out to attack him? Other than that aspect of his decision to raise wages for his employees, his company and employees have been prosperous and more happy than before.

  • @EmmittBrownBTTF1
    @EmmittBrownBTTF1 4 ปีที่แล้ว +13

    Minimum wages from 1960s, adjusted to current values, about $20/hr. So ~$30/hr is not outrageous.

  • @alxtsavo
    @alxtsavo 7 ปีที่แล้ว +19

    MR. PRICE, SIR, YOU ARE THE BEST CEO EVER. THE BOSS ONE.

  • @cmb8879
    @cmb8879 8 ปีที่แล้ว +14

    He's the ultimate top performer as a CEO and took a cut...they need to stop complaining!

    • @Social_Pugatory
      @Social_Pugatory 4 ปีที่แล้ว +2

      CM B it’s not their fault they don’t share the same mindset as him. They’ve been deluded into believing America is a Meritocracy and that they DESERVE to have such a larger salary than their lower ranking coworkers. This CEO shook up the pay and social hierarchy of his company and those that enjoyed that power dynamic that they benefitted from are Livid!

  • @briankenney9528
    @briankenney9528 4 ปีที่แล้ว +16

    Wait why does he have to defend it?

  • @JohnGodwin
    @JohnGodwin 4 ปีที่แล้ว +14

    “Defends”.

  • @karimmoorad4128
    @karimmoorad4128 2 ปีที่แล้ว +4

    Happy now that his business grew 6 years later. Great man

  • @bettywelkie705
    @bettywelkie705 4 ปีที่แล้ว +8

    These employees not only feel valued by their employer, but every aspect of their entire lives have improved for themselves & their families. Job security /decent wages remove the huge daily stress of perhaps needing to work 2 jobs to make ends meet, buy a dependable car, meets family needs, even go on vacation.
    And when your employer has this positive attitude, sees happy employees, production/results will prosper, etc, it's a win-win for all.

  • @Mom-USMCRichardUSMCChristopher
    @Mom-USMCRichardUSMCChristopher 2 ปีที่แล้ว +2

    The negativity for such a generous gift you gave your employees is so ridiculous. I think it happens because people and businesses are extremely jealous over what you did. Most businesses are filled with greedy people in higher managerial positions, and I actually think they're frightened with knowing that you actually care about those who work for you. You are such a loving and giving person. Those that speak against what you are doing so because they probably have to live with themselves knowing how they treat their own employees. I congratulate you for being a person that knows how important it is to have people that are happy and feel good, and about how the emotional aspect of self worth is. Thank you for standing out from the norm.

  • @elmerfrejoles98
    @elmerfrejoles98 2 ปีที่แล้ว +3

    This was taken over 6 yrs ago and his company still thriving and employees still works there with zero or very low employee turnover. That's they key to employee retention and high morale! Hopefully more and more US companies would follow his firm's compensation plan! Also business schools everywhere should study his theory about profitability and productivity in relation to employee's salaries.

  • @eseantonio7856
    @eseantonio7856 2 ปีที่แล้ว +3

    All CEOs can learn a lot from this guy!

  • @donmcc6573
    @donmcc6573 2 ปีที่แล้ว +3

    Many millions of middle class jobs depend on patronage from the rich.

  • @jozefgiver7976
    @jozefgiver7976 2 ปีที่แล้ว +4

    2021 and his business survived the pandemic and still growing! 💪

  • @barringtonmorris90
    @barringtonmorris90 8 ปีที่แล้ว +16

    Very generous idea, however, I have seen his short documentary months ago, and he does not have much employees, which honestly allows him to be so giving. Nevertheless, a noble decision. And yes, with the right demand, product and employees you can pay your employees a liveable wage/salary. Also, enough about inflation this ,inflation that! Inflation will rise regardless of the power of the dollar. As long as company's like Costco, this man company and many more continue to give their employees a "will and not a bill" inflation will not matter.

  • @mikebiro3148
    @mikebiro3148 6 ปีที่แล้ว +7

    Good for him. He made a contract with his employees but they are his employees or coworkers , he can do as he pleases with his company.

  • @supajitranammyvisetkaew2147
    @supajitranammyvisetkaew2147 7 ปีที่แล้ว +6

    Be kind to one another!! so nice

  • @fwfeo
    @fwfeo 4 ปีที่แล้ว +4

    He basically accepted the concept that workers need to be able live comfortably for their efforts and the profits they generated for his business and he could afford it, so why not make so many people Happy, instead of keeping them poor and stash your millions in a bank, spend it on yachts, luxury homes and cars...

  • @wcn4107
    @wcn4107 4 ปีที่แล้ว +5

    This guy has a heart he’s thinking about the lil guy more ceos need to do the same

  • @christinachurch6126
    @christinachurch6126 ปีที่แล้ว +1

    Love this. There should be more of this in the world. He is very genuine. I wish I could come work for you. I can tell you are a great boss

  • @altapedroza3604
    @altapedroza3604 4 ปีที่แล้ว +5

    People stop being haters. I was never a hater when new employees were making the same amount I was making after more than 30 years on the job after only being there 4 years. Would they rather continue earning less so that others were earning the same? If their answer is "yes", then I say, " you're one sick puppy." AND not a cute one at all.

  • @decreer4567
    @decreer4567 4 ปีที่แล้ว +3

    His company, his rules.

  • @CasinoNightZone
    @CasinoNightZone 4 ปีที่แล้ว +7

    Why is a multimillion dollar media enterprise putting out videos in 2019 with audio that sounds like it came from an MP3 player in 1998?

    • @doctorpope_
      @doctorpope_ 4 ปีที่แล้ว

      this video is from 2015

    • @CasinoNightZone
      @CasinoNightZone 4 ปีที่แล้ว

      Ah, you’re right. That seems worse now though- there are videos from five years prior on this channel with better sounding audio.

  • @kpjunior
    @kpjunior 8 ปีที่แล้ว +1

    We need more people like him in this greed and corruption infested world! I'd love to collaborate with this guy

  • @proctorritter5176
    @proctorritter5176 2 ปีที่แล้ว +3

    CEO: Manages to pay his employees a thriving wage, and still has a 7 figure net worth
    Ben Shapiro: *You weren’t supposed to do that*

  • @jimmyhuynh5729
    @jimmyhuynh5729 5 ปีที่แล้ว +5

    And this is a bad thing? If he can do this and keep the business profitable, than he is a Stud and really cares about his workers.

  • @pii2008
    @pii2008 4 ปีที่แล้ว +19

    Head over to TYT to see a real journalist talk to this dude.

  • @s1lverFoX
    @s1lverFoX 8 ปีที่แล้ว +2

    Why do some people think that its ok for people to not be able to live comfortable while working for a company. If more companies did something similar I would consider joining the workforce instead of working to remove myself from this economy completely.

  • @dalewilliams7801
    @dalewilliams7801 2 ปีที่แล้ว +1

    It takes a humble CEO to be willing to do that for his people.

    • @stan66829
      @stan66829 2 ปีที่แล้ว

      And look at the outcome, his business is now booming. Hmm maybe the rich should invest in their employees more then retaining the money for themselves

  • @jaiveer7701
    @jaiveer7701 2 ปีที่แล้ว +1

    This just bailed the company off of collapse during the pandemic. Employee voluntarily offered to have pay cuts.

  • @kathyk-h-w1874
    @kathyk-h-w1874 4 ปีที่แล้ว +2

    What a decent man!

  • @TrvisXXIII
    @TrvisXXIII 8 ปีที่แล้ว +3

    He can do whatever he wants its his company, people here are talking about inflation and the Morality when its only affecting his staff

  • @howcin
    @howcin 7 ปีที่แล้ว +31

    Does this guy need a janitor? I'll clean the toilets at that place for $70k

    • @adolphzuckerjew9639
      @adolphzuckerjew9639 6 ปีที่แล้ว +10

      More than likely jobs at his company such as janitors are done by outside companies under contract, thus they would not be eligible for the $70,000.

  • @lubonodjoko1879
    @lubonodjoko1879 7 ปีที่แล้ว +6

    real Robinhood

  • @trvrsln
    @trvrsln 4 ปีที่แล้ว +2

    Him getting criticism for it, especially from his own employees, is absolutely insane.

    • @carlaaxelson6338
      @carlaaxelson6338 2 ปีที่แล้ว

      There were a few that quit that has been paid more. I guess that’s fine. The company was going in a different direction

  • @demxxxxx
    @demxxxxx 8 ปีที่แล้ว +2

    Dan Price should receive the Nobel peace prize for Honesty and having the understanding of Human needs and the need for financial equality in the world!, God Bless people like him!

    • @safiyyah113
      @safiyyah113 8 ปีที่แล้ว

      But people who deserve it usually don't get it

  • @informme2
    @informme2 4 ปีที่แล้ว +2

    Dan, WOW!!!

  • @SHPNGGUY736
    @SHPNGGUY736 7 ปีที่แล้ว +3

    Amazing man!

  • @Fitbudgets
    @Fitbudgets 2 ปีที่แล้ว +1

    Powerful

  • @josesanchezpalacios8991
    @josesanchezpalacios8991 4 ปีที่แล้ว +2

    Do you imagine Jeff Bezos doing that! Nahhhh, he needs more money

  • @gregagnew9777
    @gregagnew9777 8 ปีที่แล้ว +1

    This guy is smart, he figured out a way to get some of the best advertising that would cost millions of dollars for the cost of few salary bumps. If it weren't for this he would never be on CNN or have an article written about him.

    • @Votlon
      @Votlon 8 ปีที่แล้ว

      +Greg Agnew sshhhhh, don't tell the peasants our corporate america secrets.

  • @terrellfrancis1280
    @terrellfrancis1280 4 ปีที่แล้ว +2

    He did it again check tyt interview.

  • @yashpatel261
    @yashpatel261 3 หลายเดือนก่อน

    Imagine having to defend being a good person. We are surrounded by evil people in power.

  • @dontyoufuckinguwume8201
    @dontyoufuckinguwume8201 4 ปีที่แล้ว +2

    The guy misunderstood 'trickle down economics' lmao.

  • @websuspect
    @websuspect 8 ปีที่แล้ว

    good for you dan

  • @ntsikanyiba
    @ntsikanyiba 2 ปีที่แล้ว +1

    This aged well…

  • @everettknight491
    @everettknight491 2 ปีที่แล้ว +2

    Who laughing now, congrats.

  • @MrMasterDebate
    @MrMasterDebate 2 ปีที่แล้ว +3

    2:34 let me get this straight , their pay didn’t change at all and they quit just seeing others do better?

    • @marcustaylor4466
      @marcustaylor4466 2 ปีที่แล้ว +4

      Honestly it's a flaw in many people. Their happiness isn't derived from how well they are doing but from how well they are doing in comparison to others. They lost the ability to feel superior to their coworkers so they split.

  • @chelo9882
    @chelo9882 7 ปีที่แล้ว +1

    People complain when you give them more money and people complain when you cut their salary 🙄. Humanity SUCKS.

  • @DsVibe
    @DsVibe 7 ปีที่แล้ว +2

    i wanna see him on the price is right

  • @jeromejose3615
    @jeromejose3615 3 ปีที่แล้ว +1

    CNN gave a comment against Dan Price that he's not gonna succeed... Guess who's laughing now 😂😂😂

  • @johnsradios484
    @johnsradios484 5 ปีที่แล้ว +1

    At $70k a year in private companies you either produce or your gone.

  • @rassaneybattiese6932
    @rassaneybattiese6932 7 ปีที่แล้ว +3

    I WOULD LIKE TO WORK FOR YOUR COMPANY JESUS ! ! ! !

  • @deathbecomesu187
    @deathbecomesu187 8 ปีที่แล้ว +1

    It was to save his lawsuit with his brother that Is part owner of the same company, his brother wanted to raise the wage so his brother would get less from the lawsuit. Just a ploy

  • @atyanthdutt6632
    @atyanthdutt6632 2 ปีที่แล้ว

    Well it seems the company is thriving and doing well even during the pandemic.

  • @twintwo1429
    @twintwo1429 2 ปีที่แล้ว

    Good for him, but what about the companies that have paid well for years. This is not a new thing, and so many variables to consider, whether he is playing catch up for previous terrible pay or cost of living in the area. What are all the details? In my area 70,000 per year
    Is no big deal.

  • @valdemarsantos963
    @valdemarsantos963 5 ปีที่แล้ว +1

    Good for him, a great Christian - Example of someone who is not an evil, greedy CEO - Of course they disable the comment section on PBS, looks like a lot of hater's don't like good Christian CEO's in America. No one is saying that you have to be as good and generous as this guy, but at least make sure your employees are making enough money, so they CAN LIVE, start families and own a home, love working for you and want to buy you a Tesla to show what an amazing person you are, and how much they feel he deserves it! I would love to hear more stories about employees getting together to praise their CEO's, just something? Anything? Something has to change.
    All I hear when anyone talks about raising minimum wage (Conservative republicans and some centre-lefties) is how they will have to hike up prices for consumers to make ends meet, well no that's not true, because if you put more money in people's pockets, they will come and buy your stupid products, at the SAME price, (a lot more), dumb-asses! Of course you might not have as much money as you do now, but you're probably not a reprehensible person! So stop using the excuse that it's going to cost more, people will lose their jobs, it's really because your fucking operating on greed!!
    Anyone with half a brain can see right through all your bullshit!

  • @josephbrown8984
    @josephbrown8984 4 ปีที่แล้ว +1

    Defends?!?! Wtf is wrong with CNN. This is a good thing.

  • @sadaqatkhokar5651
    @sadaqatkhokar5651 4 ปีที่แล้ว

    Nice

  • @cbockiii2514
    @cbockiii2514 6 ปีที่แล้ว +5

    Whether he was right or not, it took a lot of courage to actually do it and stick with it.

  • @dwaynepipe300
    @dwaynepipe300 20 วันที่ผ่านมา

    Make Bezo's take a paycut to see what happens

  • @simmonslucas
    @simmonslucas 4 ปีที่แล้ว

    This man is a hero!

  • @srtwizzy8535
    @srtwizzy8535 3 ปีที่แล้ว

    i look up to this guy man hes one of the best

  • @HardlyLegal
    @HardlyLegal 2 ปีที่แล้ว

    "Some said he was using his company to make a political statement"
    Yeah... no company has EVER done that. Not like we have entire industries that rely on lobbyist. (Gun, Oil, Military etc.)

  • @tcoo1999
    @tcoo1999 19 วันที่ผ่านมา

    Why does the guy who quit care that a lower performing person made the same as him? He is getting what he wants at the end of the month? Or is it about a need to feel financially superior to others?

  • @ronmerkus5941
    @ronmerkus5941 4 ปีที่แล้ว

    This type of system can work anywhere, its trying to get the old way of economic thinking to change.

  • @Thulgore
    @Thulgore 3 ปีที่แล้ว

    A boss like that. As long as he talked to me as a person, not a servant. Would have my loyalty.

  • @ramiroherrerajr.1759
    @ramiroherrerajr.1759 4 ปีที่แล้ว

    The HERO we need

  • @AB-st8to
    @AB-st8to 4 ปีที่แล้ว

    Smart. He is doing it for PR. But doing this is another reason why businesses are moving overseas.

  • @hjung614
    @hjung614 3 ปีที่แล้ว

    What a beautiful human being

  • @Wepper1
    @Wepper1 8 ปีที่แล้ว +1

    Why is he dodging the question?

  • @rafputin4659
    @rafputin4659 2 ปีที่แล้ว

    I think he did the best strategy, because he's not only paying their skills but their loyalty and happiness, "GIVE MORE TO BOOST MORALE"

  • @simmonslucas
    @simmonslucas 4 ปีที่แล้ว

    Why is this something to defend... what the fuck is our world today?

  • @pic5637
    @pic5637 3 ปีที่แล้ว

    The lives this man changed. No one on earth, and I mean no one, could’ve foreseen the pandemic hitting the world. And now look up where they’re at now and how this Man and his employees saved sooo many of their own employees, as well as other businesses and their employees. What you believe is right and good, regardless of what others say and will ridicule you about, you go and do it. They can’t see the future, nor yours. I’m a Christian and so many scriptures come to mind when I hear and see this Mans actions. God bless him

  • @dogan6070
    @dogan6070 6 ปีที่แล้ว

    If I were business owner, I don't might paying people more , as long as they sale sale sale bring more money to the company.

  • @John-we3zy
    @John-we3zy 4 ปีที่แล้ว

    Dan Price is an American hero

  • @hundegaga
    @hundegaga 8 ปีที่แล้ว +1

    doesnt change shit, if people keep buying liabilities.

  • @kesayo
    @kesayo 8 ปีที่แล้ว +6

    Yeah, apparently all of the top performers started leaving the company because they didn't get a bump. But all of the low performers doubled their income without doing anything. Any idiot could have seen this coming. People who work hard like to see their contributions rewarded with higher pay than people who don't.
    Also, they started getting fewer contracts because potential customers didn't see overpaying the bottom performers as a sound business strategy.

    • @cdreid99999
      @cdreid99999 8 ปีที่แล้ว +6

      +kesayo it's fun making shit up isnt it homeboy? republican eh... yall arent too fond of facts or honesty.

    • @Steven-xf8mz
      @Steven-xf8mz 8 ปีที่แล้ว +5

      +kesayo latest news says their profit doubled.... so i guess it worked out great for him.

    • @Closeoutracer
      @Closeoutracer 8 ปีที่แล้ว +1

      +cdreid99999 You're just angry cause kesayo nailed you hook line and sinker. Or because you're one of the bottom feeders who got a raise. Plenty of self involved low performers who worship high pay for low effort.

    • @tafftastic
      @tafftastic 8 ปีที่แล้ว +2

      +kesayo Bullshit. Evidence?

    • @ravemachin
      @ravemachin 6 ปีที่แล้ว

      Wrong shithead
      th-cam.com/video/WPwENH-Iy1A/w-d-xo.html

  • @phkg3255
    @phkg3255 4 ปีที่แล้ว

    Dan Price is Yang Gang! Human centered capitalism, fuck yeah!

  • @Redimus
    @Redimus 2 ปีที่แล้ว

    6 years later and the guy is doing better than ever. This ultra-capitalistic mindset in the U.S is a disease.

    • @___________________1
      @___________________1 2 ปีที่แล้ว

      All for his property to be seized by some 1 with less than a high school equivalent ... give his survival tactics 6 more months

  • @tobiasdoe2518
    @tobiasdoe2518 19 วันที่ผ่านมา

    "defends"....really sad

  • @fwfeo
    @fwfeo 4 ปีที่แล้ว

    The issue with free market is that people with lots of money will make more and more money by keeping the wages low across-the-board. This wonderful dude is an exception and will not become a billionaire elite, because he's not greedy and drives happiness from creating happiness for others rather than material possessions and luxury.
    That's why we need regulations to help unions, encourage co-ops and regulate big businesses from becoming exploitative. Capitalism is appreciative of greed and profits with little regard for distruction of nature and exploitation of populations, so we need to set the rules of the game to prevent such outcomes.

  • @robertsanssouci2093
    @robertsanssouci2093 2 ปีที่แล้ว

    Normalize his ethics 💪🏼

  • @HHHPedigrees
    @HHHPedigrees 3 ปีที่แล้ว +1

    Why does he need to defend cutting his own salary? Lol

    • @Charles-pf7zy
      @Charles-pf7zy 2 ปีที่แล้ว

      Because other rich ceo don’t want him setting an example and getting other people to start asking for the same benefits he gives his employees. Then they spew out propaganda against him to convince their republicans cuck working class supporters to accept their status quo shit pay

  • @pvpsound
    @pvpsound ปีที่แล้ว

    He did everything right. The USA mindset is just fucked up

  • @witzelasper2821
    @witzelasper2821 2 ปีที่แล้ว

    Sweet it works with companies that make millions of dollars can somebody tell how to make this work for a company that makes a million or less and the boss doesn't make any more than the employees

  • @nickyates6888
    @nickyates6888 8 ปีที่แล้ว

    McDonald's and Walmart are also raising wages inflation is on a rise