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Roadside MBA : Hiring your team

Private Equity Funcast

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How to Find the Balance Between Productivity and Wage

productivity versus wage. How do you find the balance? I think it's In a lot of cases, just recognizing What you want out of the job And not sort of being so focused on Cost minimizing at every turn So what we're talking about here is Paying more for more productive employees. some friction Yeah, right, create some hurdles and some friction And that's actually a good thing Because volume isn't your friend Yeah, quality is your friend You know, I think that the neat thing about that Is that, you know, it's a little bit counterintuitive But if you think about it A little bit, it actually makes a lot of sense Totally agree!

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