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Employee happiness is absolutely relevant to P&L. Happy employees are more productive and have less turnover. Companies already know this. It becomes a game of
by encoderer 11y ago
Employee happiness is absolutely relevant to P&L. Happy employees are more productive and have less turnover.
Companies already know this. It becomes a game of "how little must we do" but it's far from the sweatshop imagery I saw while reading your comment.
I grew up middle class in middle America and it's not just the SF tech scene I've made my career in; I grew up in a world of company picnics and "4 10s" work weeks. Also, layoffs and plant closures. I'm not naive to the nature of American business, I just have inclusive opinions about how companies can be run profitably. And doubly so in tech.
- rowdybully 11y agoEmployee happiness is relevant to profit/loss, unless it isn't. Look at Walmart: Profits are fine, and employees are noticeably unhappy. Don't delude yourself with idealism. Capitalism is the way it is and it's not right or wrong any more than a beaver building a dam.
- s73v3r 11y ago"Capitalism is the way it is and it's not right or wrong any more than a beaver building a dam." I disagree. Capitalism being the way it is doesn't mean that should be the end goal of society.
- quanticle 11y agoYes, let's look at Walmart. Walmart is increasing wages and staffing across the board because it's getting its clock cleaned by Target, CostCo and other retailers that are willing to pay more and grant better benefits, and therefore get employees who are willing to do more than just the bare minimum.
- rowdybully 11y agoYou don't know your ass from your head. Before you go spouting off untruths you know zero about, go read the respective companies 10-Ks, moron.
- zhte415 11y ago> Happy employees are more productive I understand studies on this have a different take: Making employees more productive makes them happier, but making employees happier doesn't make them more productive.