CEO who gave all his employees minimum $70,000 paycheck thriving six years later

News & PoliticsCBS Mornings2.8M Views

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Editorial Analysis

Dan Price faced praise and criticism six years ago when he boosted all his employee's salaries to $70,000 a year. But instead of the economic gloom and doom that was predicted for him, the company and its workforce, by all metrics, has thrived.Each weekday morning, CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. CBS Mornings airs weekdays at 7 a.m. on CBS and 8 a.m. ET on CBSN.Subscribe to “CBS Mornings” on YouTube: https://www.youtube.com/CBSMornings Watch CBSN live: http://cbsn.ws/1PlLpZ7c​Download the CBS News app: http://cbsn.ws/1Xb1WC8​Follow CBS Mornings on Instagram: https://bit.ly/3A13OqALike CBS Mornings on Facebook: https://bit.ly/3tpOx00Follow CBS Mornings on Twitter: https://bit.ly/38QQp8BSubscribe to our newsletter: http://cbsn.ws/1RqHw7T​Try Paramount+ free: https://bit.ly/2OiW1kZFor video licensing inquiries, contact: licensing@veritone.com