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Gravity Payment CEO Dan Price has been flooded with both new clients and job applicants since he unveiled his promise to pay all of his employees at least that much money.
But he said he knows that Gravity will have to provide the best service to its new customers in order to keep them. About 70 of the company’s 120 workers will have their pay raised to $70,000 over the next three years, with about 30 of those workers will have their pay doubled.

Price cut his own salary from nearly $1 million to $70,000 and lowered the privately-held firm’s profit target to make the change.
Gravity has received more than 3,500 job applicants for the two openings it currently has posted, for a sales rep and a support staffer.

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