Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (3) |
Author: Mark   😊 😞
Number: of 15056 
Subject: Re: o/t, the $$$ stores,
Date: 09/02/2024 6:09 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
All that turnover is expensive.

Maybe it's expensive, maybe not. It could be a cost savings overall. If an employee comes in at $15/hr, but after a year you need to raise them to $16/hr, and after 2 years to $18/hr, then if they leave (or are fired) before they get paid more, then net net you may be saving on total payroll costs. More delicately stated, if 80% of your total workforce is in year 1 at any given time, you might be saving on payroll when compared to having only 20% of your total workforce being in year 1.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds