cross-posted from: https://programming.dev/post/15395224
Ikea’s CEO has solved the Swedish retailer’s global ‘unhappy worker’ crisis by raising salaries, introducing flexible working and subsidizing childcare
Have they tried telling the employees they suck and should be greatful they even have a job? And this worked even better then that? Hm…
“Is there no depth to your depravity, IKEA?”
-Wall Street, probably
Wow crazy how could we have predicted this
Everyone. If capitalists believed their own free market economics they could have predict it with their own theories. High wages will attract the most people and keep them around longer as labor is part of the supply and demand curves.
what a noob, they should have just organised a pizza party.
/s
It sounds obvious on the surface but higher wages don’t always equal happier staff or more output.
I don’t think the staff making 500k at OpenAI will be measurably happier with another 100k, for example.
But there is definitely a lot to be gained by getting staff as far away from a sense of poverty as possible and ikea might have helped their line workers a lot with this change.
500k in the Bay Area is very different to 100k, especially if you have a family. So I think that would make a massive difference in happiness.
I think 5 times any salary affords you greater security, flexibility and opportunities that have to make a measurable difference in how happy you can be
The employees are already making 500k and the raise would be to 600k, in this example. You misread the op.
Good spot. My bad OP. Carry on…
Anyone who chimes in here saying more money wont make workers happy are either stupid or greedy.
They’re also ingraining themselves in Roblox which is kinda gross
Roblox is kind of yucky to begin with. Don’t they use kids to make content and then give them an awful portion of proceeds?
Yes, yes they do
I love how for businesses this is rocket science but the rest of us have known what it would take for decades.
