It’s been 10 years since I took a million dollar pay cut to pay all staff at Gravity Payments a $70,000 minimum wage. People have wondered: How did it go? We conducted a comprehensive study of everything that has happened since our 2015 announcement. We are proof that paying living wages is good for both employees and businesses. Since raising wages, our revenue and profits have soared, employees have started families while continuing to provide excellent customer service, and clients have become happier and stayed longer. It worked so well that we raised the minimum to $80,000 and added an employee profit-sharing program. Yet outside our company, it made no impact: no businesses followed suit, and the pay gap between workers and CEOs remains massive.