How much money would a company save if it payed the highest payed person what the lowest person makes?
Posted on 20 February 2009 by admin
If companies realy wanted to save money the would take a hard look at this question before it started destroying the economy any more than they already have by laying off the people that buy thier products.
If I take your question literally, then the answer is:
The company would go broke in no time at all if it paid the highest paid person what the lowest paid person makes.
Think about the maturity level and abilities of the typical minimum wage employee. Many are good workers, but somewhat inexperienced. Do you think you could get a highly successful person to run your company for minimum wage?
I think in many instances the inexperienced person you do get, for minimum wage, would destroy your company.
If I take your question literally, then the answer is:
The company would go broke in no time at all if it paid the highest paid person what the lowest paid person makes.
Think about the maturity level and abilities of the typical minimum wage employee. Many are good workers, but somewhat inexperienced. Do you think you could get a highly successful person to run your company for minimum wage?
I think in many instances the inexperienced person you do get, for minimum wage, would destroy your company.
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