Re:Employee happiness and business success are linked
by Qwertystop on Wednesday July 31, 2019 @09:41AM
(#20574332)
> A lot of people are pretty much in the position where they have to shop on price.
Keep in mind, though, that if a larger portion of money went to the workers, less of them would be in that position.
Re:Employee happiness and business success are linked
by elindbe2 on Thursday August 01, 2019 @09:51AM
(#20583662)
Only if that happens across the board, not in one particular company.
Re:Employee happiness and business success are linked
by Qwertystop on Friday August 02, 2019 @09:53AM
(#20592897)
No? Even if only the employees of one particular company get a wage increase, that's however-many-people-work-there who now have more money to spend. It might not be a very large number of people, depending on the company, but it doesn't have to happen across the board for the people to exist.
That's not to say that Burger King or McDonald's couldn't do better. I don't really have enough experience with them as a customer or anything else to have a real opinion. But I suspect that, if Burger King were to try to improve their experience in a way that forced them to raise prices by 25% they'd lose a lot of business from people basically just looking for the cheapest burger.
See also the experience of JC Penney and Ron Johnson. A lot of people are pretty much in the position where they have to shop on price.