![]() This leads to unstructured learning process resulting in missed details and at worse wrong conclusions. Often readers scan through the business case study without having a clear map in mind. Brushing up HBR fundamentals will provide a strong base for investigative reading. To Search More HBR Case Studies Solution Go to Fern Fort University Search Page Case Study Analysis & Solution Step 1 - Reading up Harvard Business Review Fundamentals on the Leadership & Managing PeopleĮven before you start reading a business case study just make sure that you have brushed up the Harvard Business Review (HBR) fundamentals on the Leadership & Managing People. Order a Leadership & Managing People case study solution now What should Price do now? Won-Yong Oh is affiliated with UNIV OF CALGARY. Employees were not the only stakeholders affected by Price's actions. Price attempted to tackle pay inequality by increasing salaries, but this created controversy. A number of clients left Gravity Payments while other companies criticized the move, saying it made them look stingy. A lawsuit was filed by Price's brother, a minority shareholder, who believed that the move would hurt the company. One senior worker at the company resigned, claiming that lesser-skilled workers would simply clock in and out while highly skilled workers were not similarly compensated with raises. However, there was almost an immediate backlash both internally and externally. At first, there was applause for his radical actions, causing an initial rise in new business. Price said he was concerned about the increasing pay gap in the United States and news of his bold move went viral, causing debate over employee compensation plans and the wealth gap in society. In April 2015, Dan Price, chief executive officer and founder of Gravity Payments, a private credit card processing and financial services company, announced that every employee would receive a minimum annual salary of US$70,000 over the next three years. Leadership & Managing People Case Study | Authors :: Won-Yong Oh, Youngkyun Chang Case Study Description Our case solution is based on Case Study Method expertise & our global insights. Gravity Payments: $70,000 Minimum Salary Company is a Harvard Business (HBR) Case Study on Leadership & Managing People, Fern Fort University provides HBR case study assignment help for just $11. Harvard Business Case Studies Solutions - Assignment Help ![]()
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