Don't be a jerk

[Jeffery Waicak]

I was talking the other day to a friend of mine who still works where I used to. He hates how he's treated by management,  but he loves how he's paid. I felt the same way, I left because of the treatment.  I asked him if hypothetically speaking, if all things were equal,  except another company paid 10% less, but treated you better, who would you prefer to work for? He said he would take the 10% cut no problem. I said what about 20%? He wasn't  sure about 20% but absolutely 10% would be ok for the same work load, same other benefits, same job insecurity.  Well this particular site has 110 employees. An average pay of about  $75,000 a year. So that tells me that the company could save $825,000 a year! Just by being nicer to the employees.  And  have employees that care a lot more. I think as an investor I need to learn from this, treat my team like gold. I'm not saying accept less than their best, but it serves me no good to be a jerk.