this post was submitted on 13 Sep 2024
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If you mistreat your workers, productivity suffers compared to what it would be if you paid them properly so they'd be happt. Then even when your costs are lower, your revenue is as well.
Meaning paying your workers would mean you'd be making more money, despite the increased costs. So it's actually more "affordable".
Right, and there are tons of other ways that companies run better when workers are empowered to initiate changes. There are a few companies that manage to do this on their own, but most that get there do it because the union forced the issue.
Yeah but you can't really quantify "happiness based increased productivity" on a spreadsheet as easily as "pay rise" or "stopping union expenses" so, ya know...
You can, though.
Not as easily, but it has been quantified.
https://scholar.harvard.edu/files/nataliaemanuel/files/emanuel_jmp.pdf
https://www.waldenu.edu/programs/business/resource/shortened-work-weeks-what-studies-show
https://www.aspeninstitute.org/wp-content/uploads/2019/01/3.2-Pgs.-168-179-The-Link-Between-Wages-and-Productivity-is-Strong.pdf
We know these things for pretty much certain. The only people who pretend "the science isn't in" are the people who stand to gain when employees are exploited. So, ya know...