© 2021 West Virginia Public Broadcasting
Telling West Virginia's Story
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Company Offers $70,000 A Year Minimum Wage

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. Labor unions say the average CEO makes 331 times more than the average worker - way more than it used to be. But things are changing at Gravity Payments. The Seattle firm helps merchants process credit card payments. The CEO announced an annual minimum wage - $70,000 per year. Some employees will more than double their pay, and the boss will take a pay cut to make it possible. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.


WVPB is local news, education, music, and entertainment for West Virginia.
Your donation today will help keep us strong and vital.