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If you believe the workers are taken advantage of, could be managed in a different way that increases productivity, or providing far more value than they are pa
by rogerbinns 13y ago
If you believe the workers are taken advantage of, could be managed in a different way that increases productivity, or providing far more value than they are paid, then you have an opportunity to start a business and profit handsomely at the expense of those "wankers".
For some reason all the people making those observations never seem to start those businesses to show the "bad" guys up.
- steveklabnik 13y agoEcon 101 is simple and all, but in the real world the barriers to entry are more complex. I can see I now: "Hey Mr. VC, do I got a pitch for you! We're going to compete directly with Amazon, but pay our people more! Are you in?"
- rogerbinns 13y agoMore accurately the pitch would be that existing methods of management and pay levels are resulting in a certain level of productivity, and that different methods and increased pay results in a disproportionately higher level of productivity. If spending $1/hr more per employee gives more than $1/hr in productivity increases then it is a no brainer to do. I've yet to see a hypothesis of why all these companies are sitting there, can't see this, and to spite themselves decide to behave like "wankers" and somehow decide not to get richer! In the real world things are complex. With higher value products there is definitely a benefit in management and pay increases, because your customers expect that. For example Costco does it. The value of shipping at Amazon is $0 because that is what lots of people pay. I wouldn't be surprised if the people packing Prime orders are paid more because those are more valuable customers.