Earlier this year, Dan Price, a graduate of Seattle Pacific University and CEO of Seattle-based Gravity Payments, made headlines nationwide after announcing plans to raise his employees’ base salary to $70,000 a year.
But not everyone at Gravity Payments agrees with his plans to share the wealth.
Two of his top employees quit in protest. His brother, a co-owner of Gravity Payments, filed suit. Other local companies complained that Price made them look stingy, according to The New York Times (NYT).
It’s as if Jesus’s parable about the workers in the vineyard—where latecomers got the same pay as those who worked all day—has come to life, the NYT points out.
“Early adopters and latecomers may be equally welcomed in the Kingdom of Heaven,” wrote reporter Patricia Cohen, “but not necessarily in the earthly realm, where rewards are generally bestowed in paycheck form.”
Price was raised in a conservative ...1