Monday, October 13, 2014
Valuing workers pays off
See this story highlighting how some businesses pay their employees better with benefits and their sales are beating the competitors who treat employees like shit. One example is QuikTrip, a convenience store that's entry level salary is $40,000 with benefits. Their sales per hour is 2/3 higher than competitors and they are expanding. Sales per square foot are over 50% higher. When you treat employees well they have a stake in their job and the company and pass along better customer service.