The high cost of low wages, or how I learned to screw my employees and love my BMW.

Remember – paying your workers more than min wage is SOCIALISMS! if you want your business to succeed, you have to pay your workers as little as possible, demand they work long hours and give them as few benefits as you can manage. you should also prevent them from forming unions, skirt environmental protection laws and outsource as much of your core business functions overseas as you can. customer satisfaction isn’t important. quality control isn’t important. process improvement is pointless. cut labor costs to the bone, be ruthless to your suppliers and nickle and dime your customers for every last drop of coinage you can get. then make sure your elite investors and your inner circle of already super rich buddies get all the profits. when the stock tanks or the company goes out of business, you’ll still get a golden parachute so it’s all good.
The average American cashier makes $20,230 a year, a salary that in a single-earner household would leave a family of four living under the poverty line. But if he works the cash registers at QuikTrip, it’s an entirely different story. The convenience-store and gas-station chain offers entry-level employees an annual salary of around $40,000, plus benefits. Those high wages didn’t stop QuikTrip from prospering in a hostile economic climate. While other low-cost retailers spent the recession laying off staff and shuttering stores, QuikTrip expanded to its current 645 locations across 11 states.
Many employers believe that one of the best ways to raise their profit margin is to cut labor costs. But companies like QuikTrip, the grocery-store chain Trader Joe’s, and Costco Wholesale are proving that the decision to offer low wages is a choice, not an economic necessity. All three are low-cost retailers, a sector that is traditionally known for relying on part-time, low-paid employees. Yet these companies have all found that the act of valuing workers can pay off in the form of increased sales and productivity. Read More…

(typical clipart that CEOs have never realized are the butt of jokes in offices all over America)

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