Paying workers more can significantly improve your bottom line. Henry Ford built his company on this idea, doubling hourly wages in 1914 across the company (read about that here). Today, Walmart is raising its average front line worker pay to over $13/hour. This is part of Walmart’s investment in something called The Good Jobs Strategy. Read more here.
If you’re a business owner, you can also take The Good Jobs Strategy Diagnostic and see how well you’re doing here.