https://www.ceoutlook.com/2021/10/21/new-employees-get-expensive/ News, analysis and comments on the car audio and electronics industry Fri, 22 Oct 2021 19:50:08 +0000 hourly 1 https://wordpress.org/?v=6.0.3 https://www.ceoutlook.com/2021/10/21/new-employees-get-expensive/#comment-18886 Fri, 22 Oct 2021 16:36:58 +0000 https://www.ceoutlook.com/?p=84489#comment-18886 Can’t bogart 90% of the profits for yourself anymore. Gonna have to accept that running a business means paying enough for your employees to live comfortably while balancing a final profit for the owner that makes it worth running. No more $30k a year for employees and $100k-$200k+ a year for owners.

]]> https://www.ceoutlook.com/2021/10/21/new-employees-get-expensive/#comment-18883 Thu, 21 Oct 2021 16:52:39 +0000 https://www.ceoutlook.com/?p=84489#comment-18883 Maybe this article should be re-titled “New Employees Finally Get Properly Compensated”

]]> https://www.ceoutlook.com/2021/10/21/new-employees-get-expensive/#comment-18882 Thu, 21 Oct 2021 16:49:59 +0000 https://www.ceoutlook.com/?p=84489#comment-18882 You mean people aren’t willing to work for $9/hr to be yelled at over an expired coupon while they’re on food stamps, Section 8, and paying $1000/month in childcare? Crazy.

]]> https://www.ceoutlook.com/2021/10/21/new-employees-get-expensive/#comment-18881 Thu, 21 Oct 2021 16:28:19 +0000 https://www.ceoutlook.com/?p=84489#comment-18881 The answer is twofold. Attract enthusiasts who love car audio but also to offer a wage that offers a middle class pathway forward.

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