> paying employees more means you get better employees, and more productive employees, thus you drive more shareholder value
Except in this case, quite the opposite happened. All of the company's best employees quit and walked away within a few month's time.
This left only the newest hires running the ship - collecting, in some cases, more salary than the seasoned crew that had been there from the start and had to work their way up the pay ladder.
Except in this case, quite the opposite happened. All of the company's best employees quit and walked away within a few month's time.
This left only the newest hires running the ship - collecting, in some cases, more salary than the seasoned crew that had been there from the start and had to work their way up the pay ladder.
[1] http://www.businessinsider.com/dan-price-gravity-payments-em...