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To: Born to Conserve
You should be able to pay people just enough so they’ll work for you. That is how markets work. If some commodity doesn’t get bought for some price, there’s a reason.

A while back I happened to hear a monologue by a Gulfstream-rich talk show host on the subject of employees.

Given his job and his lifestyle, he has a need for multiple employees. He said that, when he identifies a keeper, he makes sure the person is paid way more than he'd command in the normal market, and that that method has produced excellent results over time.

29 posted on 01/15/2014 12:52:43 AM PST by cynwoody
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To: cynwoody

You mean he has to pay them more than they’re worth to keep them? Does that make sense?


43 posted on 01/15/2014 8:35:02 AM PST by Born to Conserve
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To: cynwoody

Hmm.. there is a clue somewhere in that photo but I cannot see Waldo :)


53 posted on 01/15/2014 10:17:05 AM PST by minnesota_bound
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