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

  • 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