4 ms·
>people value a larger paycheck but no benefits over a pay package with benefits but a smaller cash component How did you arrive at this conclusion?
by prolikewh0a 8y ago
>people value a larger paycheck but no benefits over a pay package with benefits but a smaller cash component
How did you arrive at this conclusion?
- dannyw 8y agoThe increased churn that Zirtual faced after moving to employees, keeping total cost around the same and making up for it the difference by reducing pay.
- prolikewh0a 8y agoThat doesn't really answer my question. What shows that these employees preferred $15 over $12 with presumably employer subsidized health care (they wouldn't have it on contract, I assure you), 401k, and other standard benefits?
- scarface74 8y agoA lot of startups don’t have 401K matching.
- stale2002 8y agoThe thing that "showed" that they valued the wages more was the fact that they quit over it, and that it was more difficult to hire people. That's literally what the article says. That people started quiting because of it.
- prolikewh0a 8y agoYou can't then make the assumption that they prefer a higher wage over benefits. You can merely take away that they started quitting over having _their wages cut_.