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Woo, episode 100! In this episode of Stop To Think, we continue the discussion from last week. This episode focuses more on the consequences of underpaying your workforce. Your workers feel undervalued, they often leave for other opportunities, and the quality of your company decreases because of decreasing worker quality. The best way to compensate your workers is by paying them north of fair (Ray Dalio). Find out what a fair price would be and then pay them a little extra.
Woo, episode 100! In this episode of Stop To Think, we continue the discussion from last week. This episode focuses more on the consequences of underpaying your workforce. Your workers feel undervalued, they often leave for other opportunities, and the quality of your company decreases because of decreasing worker quality. The best way to compensate your workers is by paying them north of fair (Ray Dalio). Find out what a fair price would be and then pay them a little extra.