Update on the Boise office: CEO stuns employees with immediate $10K raise, pledges a $30K raise over the next 5 years Gravity Payments, a Seattle-based credit card processing company, recently acquired ChargeItPro in Eagle, Idaho, and the group moved into a new office space. Gravity Payments CEO Dan Price flew in to welcome employees to the new office -- and then stunned them with the news that many of the employees would get a $10,000 pay bump effective immediately and the minimum salary for employees would rise to $70,000 by 2024. A majority of the employees were making under $30,000 prior to the acquisition, according to Price. While checking the About page a bot asked me if I was interested in eliminating hidden fees. When I ignored it for a while, a human took over to ask if I had any questions. I asked about the minimum wage, and was told that it might vary by location (mentioning Boise in particular) but asked not to be quoted since the human doesn't work in HR. So employees at headquarters in Seattle (median household income $93,500 in 2018; can't find data for individuals) may receive the $70K minimum, while branch offices may not, which could explain the removal of the number from the web page as the company expanded. In 2024 we can check to see how $70K is working out in Boise, where the median household income is $56,275.Employees at an Idaho business got the news of a lifetime this week. Workers making $40,000 -- the company's current minimum salary -- would get an immediate $10,000 raise and that within five years, the minimum salary would increase to $70,000.