“The trouble with blaming powerless people is that although it's not nearly as scary as blaming the powerful, it does miss the point. Poor people do not shut down factories... Poor people didn't decide to use 'contract employees' because they cost less and don't get any benefits.” PeopleDoeUsePoorPowerfulTroubleMissingCostBenefitsBlameScaryEmployeeContractsFactoriesPowerlessPoor People Book:You Got to Dance with Them What Brung You Source: You Got to Dance with Them What Brung You
“Continued focus on (employee) turnover is of critical importance, because of the direct relation of turnover to improvements in labor costs and guest satisfaction.” FocusCostLaborDirectImportanceRelationSatisfactionCriticalImprovementEmployeeGuestsTurnover Author:Finley Peter Dunne
“Quoting Demosthenes, 'For what each man wishes, that he also believes to be true.' I would rather make money playing a piano in a whorehouse than arguing that no cost is incurred when employees are paid in stock options instead of cash. I am not kidding.” MenBelieveWishCostPaidArguingBeing TrueMaking MoneyPianoEmployeeCashQuotingStock Options Author:Charlie Munger
“The biggest influence on my writing, besides snagging some ideas about black humor, was that the paper mill had a program where they paid 75 percent of the tuition and book [costs] for employees who wanted to go to college part-time.” WritingBookIdeasWantedBlackInfluenceCollegeCostPaperPercentProgramPaidEmployeeMillsPart TimeTuitionBlack Humor Author:Donald Ray Pollock
“We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city.” CareCitiesHealthCostHealth CareEmployeePensionHealth Care Costs Author:Michael Bloomberg
“Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience?” IfsWantMadeBusinessMistakeCompanyFireCostTrainingExperienceEmployeeClassroomHiringMade A MistakeHuman ResourcesEmployingRecruitmentProper Training Author:Thomas J. Watson