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US CEO cuts salary to boost employee pay to $70,000

Last Updated: Thursday, April 16, 2015, 02:42

One startup founder is making his own effort to respond to the issue of income inequality -- cutting his own pay while seriously boosting that of his employees.

US CEO takes 90% pay cut to give workers huge raise!

Last Updated: Wednesday, April 15, 2015, 16:46

A CEO of an American firm has surprised one and all by announcing a 90 percent pay cut for himself and slashing of company's profits to give employees a hefty salary hike after he read a study about happiness.