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Amazon, Costco, and God: COSTCO'S CEO EXPLAINS HOW THEY MAKE RECORD PROFITS "WE PAY WORKERS $45K/YEAR, PROVIDE HEALTH INSURANCE AND LET THEM UNIONIZE THE OPPOSITE OF WHAT WALMART DOES." quickmeme.com fandomsandfeminism: jenniferrpovey: beachgirlnikita: thememacat: WTF is this for real? Yes - https://www.costco.com/benefits.html See, what the race-to-the-bottom people forget is one simple fact: The average cost to replace a minimum-wage retail employee, according to a study by the Center for American Progress, is $3,328. And that’s a lowball. Basically, any time somebody quits or is fired, it costs the company money. A lot of money. New employees are also less productive (because it takes people longer to do things they are less familiar with). Employee churn is very expensive. The Wal-Mart (and Amazon) model is to consider employees as expendable robots. They completely dismiss the costs of hiring, onboarding, training, reduced productivity during the training period, etc, because “these people are cheap.” Costco treats employees as “appreciating assets” - that is to say, employees become more valuable over time. Therefore, it is better and more productive to only replace employees who aren’t doing their jobs. Let’s take a warehouse worker in a large facility. A new worker will waste time remembering which aisle it is, may take a longer route there, etc. Somebody who has been there a year has it down cold. They’ll pick the item far quicker than the new person. This improves productivity, which improves profits. But for some reason a lot of companies don’t seem to grasp this. All they see is the paycheck, when the actual figure they should be looking at is the profit a worker produces. That is to say, the difference between productivity and pay. Raising pay causes people to stick around and become more productive, which actually increases the profit in the long term. We need to stop thinking so short term. Oh my god. Costco employees get paid better than starting teachers in my school district. (Which is not to say they should be paid less. We should be paid more.)

fandomsandfeminism: jenniferrpovey: beachgirlnikita: thememacat: WTF is this for real? Yes - https://www.costco.com/benefits.html See, w...

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Brains, Head, and Life: Have you ever had a job where you did nothing for years and nobody found out? Shayne Wyatt Answered Sep 22 Once worked at a steel company and there used to be this guy with a clipboard and pen who would continually be in the stock area checking labels, boxes, pallets, shipping packages. His name was Bob and everyone liked him, he was personable, was into sports, just an all round nice guy who got along with everyone staff, managers, bosses, everyone. Bob had been with the company all of 15 years by then, and you have to understand, this was a large steel mill with a couple thousand people working throughout the three mills on the same property. Anyway, at a managers meeting a decision was made to have an employee look after a certain area of finished nails, screws, nuts and bolts. They were scratching their head about who had the brains to handle it. One of the managers said, "Why not Bob?" Everyone knew right away who he was referring to and they all agreed he would probably be the best man for the job. The next question out of the manager's mouth was "Okay, which one of you guys does he work for?" And no one said a word, but looked around the table at the other managers. "C'mon, he's gotta work for someone here." The manager said, and still there was no answer. Someone piped up, "Maybe he works for one of the office managers." Long story short Bob worked at the plant for over 15 years, collecting a paycheck each and every week. For the first five years he worked in a department that became obsolete and so people were moved around to other areas of the mill, except for Bob. He got lost in the shuffle and found himself floating here and there without supervision or anyone ever paying attention to him. He waited to see if he would still get a paycheck and when that happened he thought at the time, "Well, I wonder how long I can get away with this before someone notices?" How about 10 years folks of weekly paychecks coming in without ever having had to work a day in his life. When this came out it was the talk of the whole operations and even reached the president of the company who could only laugh at the whole situation. Nonetheless Bob was let go, but HR told them they had to offer him a good severance package because he was an employee after all for the full 15 years he was there, and it was not his fault he had nothing to do. Management should have caught it in the beginning. I'm 75 now and this happened when I was still a young man, and had pretty much forgotten about it all until I read the question and I could not hold back a big silly grin about a wonderfully silly memory of Bob. Thanks for the memory Shayne
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