To: Palmetto
Actually, he did pay above market wages. That was a competitive business decision because he needed the workers, especially skill trades. Maintaining an auto plant is not dumb work. He paid well, but not more than the job was worth. He made money the (old) American way - slice the profit margin a little thinner per unit, and sell volume.
71 posted on
06/06/2002 8:02:44 AM PDT by
m1911
To: m1911
I completely agree. Paying your workers more as a choice (for whatever reason - stealing employees from other industries, employee satisfaction, performance incentives, etc.) is completely different from doing so to prevent being thrown in jail or shut down.
78 posted on
06/06/2002 8:21:03 AM PDT by
Palmetto
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson