© 2025 Kansas City Public Radio
NPR in Kansas City
Play Live Radio
Next Up:
0:00
0:00
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.

No matter what happens in Washington D.C., Kansas City needs KCUR. And KCUR needs you.

Our ability to report local news — accurate, independent and paywall-free — depends on you. Donate now to support fact-based news.