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Gravity Payments CEO Dan Price: Do not force introverts back into the office



Dan Price wants bosses to stop behaving like everyone else is an extrovert. The founder and CEO of the payment processing business Gravity Payments, Price is known for introducing a minimum wage of $ 70,000 in that company – and he takes up the matter with entrepreneurs who call all their employees back to the office again.

Price believes CEOs do their teams a disservice when they take a consistent approach to deciding where work is done. They should consider, he argues, that more introverted employees can be happier – and do their best work – at home.

"I do not think we appreciate how much work from home has helped introverts," Price wrote in a LinkedIn post on Thursday.

"Many CEOs are extroverted (like me) and seem to be around people who are energizing, assuming others are the same," he writes. "So they force employees back into the office on the assumption that it will help people."

The mass shift to telecommuting during the pandemic led some high-profile CEOs such as Apple's Tim Cook and JPMorgan Chase's Jamie Dimon to claim that it was a poor substitute for personal work, because casual meetings in the office provide creativity and enhance collaboration. Although this theory has been suggested by many business leaders over the years, there is little evidence to support it, a New York Times report found.

What teleworkers fail to assess, Price argues, is that "many people in the office seem exhausted and need time at home to recharge."

He also notes that people who feel comfortable talking during personal meetings are often unfairly perceived as star employees, and that remote control work helps even out the rules of the game. "People who keep to themselves usually listen more intensely than anyone else and have valuable things to share if you get them to a more comfortable room," Price writes.

Price has a history of expressing unconventional attitudes towards management, especially with his announcement in 201

5 that he would increase the company's minimum wage to $ 70,000 – and cut his own salary to the same amount. His post this week touched a nerve for many workers and bosses, and received almost 28,000 reactions and more than 1,000 comments.

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