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Since publicly traded US companies often claim to be focused most on raising shareholder value, this _apparent_ generosity must be part of some long play (which
by blunte 9y ago
Since publicly traded US companies often claim to be focused most on raising shareholder value, this _apparent_ generosity must be part of some long play (which ATT believes will ultimately pay for itself in stock price, tax deductions, or something).
- reaperducer 9y agoIt's probably small, but I bet there's some measurable savings in terms of employee churn. Even if you delay some of the turnover for a year because of happy employees, that's a lot of HR expense saved. I wish there was a way to find out.
- blunte 9y agoIt's actually good for the bottom line to pay employees more, up to a point. But companies like ATT aren't know (in the last 25 years) to have that kind of wisdom.