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Boss raises all salaries to US$50k 2015.04.29
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ON 13 April, the boss of a financial company in Seattle (西雅圖) in the US (美國) took his employees by surprise by making an announcement. From the moment he finished speaking, no matter how much a person earned in the company, their annual salary will be increased to at least US$50,000 (HK$387,500). One year later, the minimum wage will be US$60,000. The year after, this will be further increased to US$70,000. This amounts to about HK$45,500 per month – even for a clerk! No wonder the employees could not believe their ears at first.

But how could Dan Price, the CEO of Gravity Payments – a company that processes credit card payments – have so much money to give to his employees? He simply gave up most of his own salary! His annual salary was at least US$1 million before the announcement. But now it is the same as the minimum wage! This is a pay cut of at least 93 percent! Generous Mr Price believed that his salary should not be so much higher than most of his employees.


1. employee (n)
    員工

2. salary (n)
    薪金

3. credit card (n phr)
    信用卡

4. generous (adj)
    慷慨的





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  1. What will be the final minimum annual salary for the staff?
    US$50,000
    US$60,000
    US$70,000

  2. The company deals with payments related to …
    travel cards
    credit cards
    business cards

  3. How much was Dan Price earning every year?
    US$10,000
    US$100,000
    US$1,000,000

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