Skip to content
Back to books
The High Cost of Low Wages cover
Book

The High Cost of Low Wages

1 mention · 1 episode · 1 podcast
How to use this page
Every mention links back into the exact moment in an episode.
Click “Mentioned at …” to copy the timestamp.
Guests and podcasts are cross-linked so you can follow the thread.
Search another book

Mentions across episodes

Costco artwork
AcquiredAug 21, 2023
Episode
Jump to mention

So in 2006, Harvard Business Review published a really great piece called The High Cost of Low Wages, where they very directly compare Costco and Walmart employee salaries and benefits.

Sentiment: Deep Dive
Trigger: employee wages comparison
For: Investors and business professionals interested in corporate practices
Key quote: In 2006, Harvard Business Review published a really great piece called The High Cost of Low Wages, where they very directly compare Costco and Walmart employee salaries and benefits.
The host mentions 'The High Cost of Low Wages' to highlight the significant differences in employee compensation and benefits between Costco and Walmart. This comparison illustrates how Costco's approach to employee wages contributes to lower turnover and higher employee loyalty, which ultimately benefits the company.