In 2022 around a third of Ikea's global workforce quit, costing the company an average of $5,000 per employee.

cross-posted from: https://programming.dev/post/15395224

Ikea’s CEO has solved the Swedish retailer’s global ‘unhappy worker’ crisis by raising salaries, introducing flexible working and subsidizing childcare

  • nucleative@lemmy.worldEnglish
    222·
    5 months ago

    It sounds obvious on the surface but higher wages don’t always equal happier staff or more output.

    I don’t think the staff making 500k at OpenAI will be measurably happier with another 100k, for example.

    But there is definitely a lot to be gained by getting staff as far away from a sense of poverty as possible and ikea might have helped their line workers a lot with this change.

    • moon@lemmy.ml
      42·
      5 months ago

      500k in the Bay Area is very different to 100k, especially if you have a family. So I think that would make a massive difference in happiness.

      I think 5 times any salary affords you greater security, flexibility and opportunities that have to make a measurable difference in how happy you can be