#LeadershipTuesdays: Demonstrating Appreciation As A Leader

Make it a habit to tell people thank you. To express your appreciation, sincerely and without the expectation of anything in return. Truly appreciate those around you, and you'll soon find many others around you. Truly appreciate life, and you'll find that you have more of it.

--Ralph Marston

Every other Tuesday, WOMEN AT LIBERTY provides a platform for a variety of voices and resources to develop, encourage and strengthen women leaders. Today and all this week #MotivationalMoments is featuring quotes on thankfulness and gratitude. Again today I start off with the familiar adage, "Actions speak louder than words". And this is very true for Dan Price, the CEO of Gravity Payments.

Gravity Payments is a credit-card processing and financial services company that is based in the Seattle, Washington area. Dan Price and his brother Lucas founded the company in February 2004. A few years ago he had an encounter with an employee that changed the way he pays his employees. He talked to one of his employees who was a phone tech making $35,000 a year and an employee who was a former veteran. Both struggling trying to make ends meet on their current salaries. Dan was bringing home a $1.1 million dollar salary at that time. Gradually, Dan made a decision to pay all of his employees a minimum salary of $70,000 and he announced it this past Spring. (See Remember the Guy Who Gave His Employees a $70,000 Minimum Wage? Here’s What Happened Next.)

Everybody knows leadership is a tough job. But, when you strive to do right by people and you are really concerned about the welfare of your employees, you demonstrate to them the values you expect to flow through your organization. Dan Price put his money where his mouth is and this is a great leadership lesson on demonstrating appreciation and concern.

To learn more about Dan's decision and how he came to change the pay structure at his company, see the video below. For more information on Leadership Tuesdays or WOMEN AT LIBERTY, click here.

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