3min chapter

HBR IdeaCast cover image

Stop Neglecting Low-Wage Workers

HBR IdeaCast

CHAPTER

The Importance of Essential Workers in a Competitive Economy

The war for talent is a zero sum game where everybody's fighting to get to the bottom of the barrel. What we are saying is you've already got the talent in your companies. Find a way to retain them, grow them, encourage them. They will put word out that you're a great place to work and bring in more friends, families, neighbors applying to your open positions. Because if you don't do that and you have open positions, you have hotels that don't have housekeepers. You have airlines that don’t have baggage handlers. And pharmacies that can't deliver. Basically, you're not able to deliver your business model.

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