As Gravity Payments’ lawsuit saga wound to a close, CEO Dan Price had one more work surprise waiting for him – a brand new auto. Now his employees have pulled an impressive stunt to thank him.
Advertisement
The Seattle Times reports that Gravity Payments CEO Dan Price posted the news of the gift on Facebook Thursday, saying “Gravity employees saved up and pitched in over the past six months and bought me my dream auto”.
“Shocked. Still in disbelief”, Price wrote on Facebook. “Still in shock. How do I even begin to say thank you?”.
The idea came in part from Alyssa O’Neal, who says in the video she is on the Seattle company’s support team and has been with Gravity for two years and four months. In the suit, Price’s brother claimed that Dan paid himself excessively for a number of years.
While Price got a lot of great press out of it, he also faced some issues amongst certain workers who felt that the wage increase was unfair to more skilled employees. Lucas Price, a co-founder of Gravity Payments, had accused Dan of paying himself too high of a salary and violating Lucas’s minority shareholder rights.
Advertisement
Gravity Payments made worldwide headlines due to Dan Price’s decision, announced in April 2015, to raise the company’s minimum salary to $70,000 over three years and immediately drop his compensation – previously more than $1 million – to $70,000 to help fund the raises.
