nucleative@lemmy.world 4 months ago
It sounds obvious on the surface but higher wages don’t always equal happier staff or more output.
I don’t think the staff making 500k at OpenAI will be measurably happier with another 100k, for example.
But there is definitely a lot to be gained by getting staff as far away from a sense of poverty as possible and ikea might have helped their line workers a lot with this change.
moon@lemmy.ml 4 months ago
500k in the Bay Area is very different to 100k, especially if you have a family. So I think that would make a massive difference in happiness.
I think 5 times any salary affords you greater security, flexibility and opportunities that have to make a measurable difference in how happy you can be
nyctre@lemmy.world 4 months ago
The employees are already making 500k and the raise would be to 600k, in this example. You misread the op.
moon@lemmy.ml 4 months ago
Good spot. My bad OP. Carry on…