Is it good employer strategy to pay my employees just enough so that they can't save money, so that they can never walk away from the job?
Ð Greıt Þu̇mpkin @ PhlubbaDubba @lemm.ee Posts 6Comments 2,802Joined 2 yr. ago
Ð Greıt Þu̇mpkin @ PhlubbaDubba @lemm.ee
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6
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2 yr. ago
It is a terrible employer strategy that all but guarantees you will have a high turnover rate as people use their off hours to find better paying work.
It also ensures any public you have to face will consistently be interacting with a work force that could not give any less of a fuck, because you are literally not paying them enough to.
The only conceivable way this is a good business strategy is if you are either a short term seeking nepo baby, get all your business advice from one, or are yourself a complete and utter drooling moron who has never once taken even a beginner's course in proper employee retention.
Do. Not. Do. This.