Re:The story of Henry Ford's $5 a day wages: not what you th...
by austincheney on Sunday March 15, 2020 @08:05PM
(#22588170)
> Better-paid employees are less stressed, healthier, less busy at home (because they can afford domestic help)
Again, that isn’t always true. It is true when comparing $40k to $100k but less true when comparing $200k to $400k. When looking at that argument in terms of scale it is an argument of diminishing value that does not guarantee the increased individual productivity the argument would promise. The reason why that argument can suggest but not promise increased individual productivity is that increased wages alone does not directly correlate to better leadership or a more valuable team.
Again, that isn’t always true. It is true when comparing $40k to $100k but less true when comparing $200k to $400k. When looking at that argument in terms of scale it is an argument of diminishing value that does not guarantee the increased individual productivity the argument would promise. The reason why that argument can suggest but not promise increased individual productivity is that increased wages alone does not directly correlate to better leadership or a more valuable team.