this post was submitted on 11 Jun 2024
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Work Reform

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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

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[–] [email protected] 21 points 4 months ago (1 children)

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.

[–] [email protected] 2 points 4 months ago (1 children)

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

[–] [email protected] 7 points 4 months ago (1 children)

The employees are already making 500k and the raise would be to 600k, in this example. You misread the op.

[–] [email protected] 5 points 4 months ago

Good spot. My bad OP. Carry on...