Highlighted by Rafael Tello
From How much does employee turnover really cost? by Jack Altman
…problems that you can solve by throwing money at them, but employee satisfaction isn’t one of them. Multiple studies show that while under-compensation can definitely contribute to employee churn, over-compensation won’t make up for a bad workplace. Your well paid but unhappy employees will simply leave you and make their money somewhere else.
From Liquid Investment; Lasting Value by Rick Alexander
…d for workers or the environment, the current market regime encourages them to take the lower road. Current corporate governance isn’t evil — it’s just amoral, and this absence of a moral compass is producing a system that creates long term headwinds for the very investors who provide the capital.