CEO takes 90% pay cut to raise staff's minimum salary to £50,000

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CEO takes 90% pay cut to raise staff's minimum salary to £50,000
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'I don’t miss anything about the millionaire lifestyle. Money buys happiness when you climb out of poverty. But going from well-off to very well-off won’t make you happier. Doing what you believe is right will.’ DanPriceSeattle

A CEO from Idaho has shared a drastic move that helped him become a ‘better boss.’

Rosita had to take up this second job because she couldn’t survive on the income Dan’s company paid her. ‘Rosita is a college grad but was making $30,000 [£21,473] a year. She’d leave our job at 5 and secretly work 5:30-11 every weeknight at McD’s for 1.5 years.’After chatting to Rosita, Dan admitted he was ‘out-of-touch with what it was like to work off student debt at $30k a year in an expensive city.’

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