Wages - Publications - Faculty & Research

09 Jun 2022
HBS Case

From Truck Driver to Manager: US Foods’ Novel Approach to Staff Shortages

shortages, supply chain issues, and inflationary pressures. “Everyone's facing staffing shortages,” says Bell. “You can't just throw money at the problem. You can, but there's a limit to how much you can do that way. So, the question is, what else can you do?”... View Details

Keywords: by Pamela Reynolds

28 Sep 2011
Research & Ideas

The Profit Power of Corporate Culture

much more likely to remain in an organization, leading directly to fewer hires from outside the organization," Heskett writes in the book. "This, in turn, results in lower wage costs for talent; lower recruiting, hiring, and... View Details

Keywords: by Sean Silverthorne

24 May 2021
Op-Ed

Can Fabric Waste Become Fashion’s Resource?

COVID-19 has broken fashion’s supply chain. As a result, an already wasteful industry has become more wasteful. Even before the pandemic, the global apparel industry was producing about 92 million tons of textile waste a year. That’s about one garbage truck’s worth of... View Details

Keywords: by Geoffrey Jones and Shelly Xu; Fashion

Portrait Project

Mike Laffin

challenges during a divorce. These “small” battles waged during late-night phone calls or in the back classrooms of Camp Lejeune led to compounding victories that built enduring trust. I worried that after the Marines, I’d never find a... View Details

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The 20th Century Zeitgeist - Leadership

and Labor created Influence: Medium 10 1910 s 19 Ford doubles factory wages and shortens workday Labor Secretary position created Worker shortage: Unions double membership and increase wages Influence:... View Details

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Buy Now, Pay Later: Credit in a Consumer Society

not quite, within financial reach of the mass of the consuming public. New credit practices, like the installment plan, helped to bridge the gap. New credit practices were also necessary to accommodate the new employment structures of factory production. The View Details

28 Mar 2012
What Do You Think?

Are Factory Jobs Important to the Economy?

infrastructure, technology, and education that seek to bring tradable jobs ("work for middle-income people") back to US shores. One model that he cites is Germany between 2000 and 2005, during which it sought to become more competitive by lowering real View Details

Keywords: by James Heskett; Manufacturing

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Redefining Productivity in the Value Chain - Institute For Strategy And Competitiveness

intensity Improving employee health and safety Enhancing the productivity and wages of lower income employees Recruiting that represents the diversity of customers and the communities where a company operates More about the value chain View Details

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Faculty & Researchers - Managing the Future of Work

related to the workforce, including the skills gap, degree inflation, care economics, the role of artificial intelligence in employment outcomes, the effectiveness of social entrepreneurs in improving education to employment outcomes, mechanisms for enhancing the... View Details

2021
Working Paper

The Old Boys' Club: Schmoozing and the Gender Gap

By: Zoë B. Cullen and Ricardo Perez-Truglia

Offices are social places. Employees and managers take breaks together and talk about family and hobbies. In this study, we show that employees’ social interactions with their managers can be advantageous for their careers, and that this phenomenon contributes to the... View Details

Keywords: Career; Promotions; Social Interactions; Networking; Gender; Personal Development and Career; Wages; Social and Collaborative Networks

Citation

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2015
Report

Clusters and Regional Economies: Implications for the Great Lakes - St. Lawrence Region

By: Christian H.M. Ketels

The Great Lakes – St. Lawrence Region, covering eight U.S. states and two Canadian provinces located around the lakes and waterways that have given this region its name, is what economic developers call a 'macro region'. It is an area of intensive economic interaction... View Details

Keywords: Clusters; Regional Policy; Great Lakes; Economic Development; Industry Clusters; Economy; Canada; United States

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Innovation & Innovative Capacity - Institute For Strategy And Competitiveness

with outside organizations should not be driven by input costs, taxes, subsidies or even the wage rates for scientists and engineers, as they often are. Instead, R&D investments should flow preferentially to the locations with the... View Details

13 Jan 2020
Research & Ideas

Do Private Equity Buyouts Get a Bad Rap?

it with their employees. In the study’s most disturbing finding, employee wages actually dropped an average of 2 percent (again relative to peer firms) in the two years following the buyout. “It seems essentially all of the pie is going... View Details

Keywords: by Michael Blanding; Financial Services; Banking

06 Mar 2006
Research & Ideas

Four Strategies for Making Concessions

wage increase. The union was asking for a 4 percent increase, while management wanted to raise salaries by only 1 percent. The executive considered the situation. During past negotiations, weeks were lost as each side jockeyed for... View Details

Keywords: by Deepak Malhotra

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Curriculum - Business & Environment

bikes on their way than they did the smart-locks that allowed their customers to unlock them with their cell-phones. But the breather would also give ofo's leaders a chance to re-assess their plans for the rest of the year. For how long, to what end, and at what cost,... View Details

20 Dec 2023
News

New School

has invested in the foundations of this relationship. He has focused on service to employees and stakeholder communities, increasing the company’s minimum wage to $15 in 2015 and overseeing a historic gift of about $200 million in stock... View Details

10 May 2022
Research & Ideas

Being Your Own Boss Can Pay Off, but Not Always with Big Pay

including changes to wage options, the competitive landscape, and financial matters. The researchers ultimately concluded that smaller-scale operations within high-capital industries, such as small Main Street retail stores and... View Details

Keywords: by Jay Fitzgerald

25 Jun 2018
Research & Ideas

In America, Immigrants Really Do Get the Job Done

terms of quality,” says Kerr. Thus, immigrants may find going into business for themselves the best option. In their study, Kerr and Pekkala Kerr also found that wages and benefits for jobs created by immigrant-led firms were lower than... View Details

Keywords: by Michael Blanding; Agriculture & Agribusiness; Technology; Service

15 Sep 2022
Research & Ideas

Looking For a Job? Some LinkedIn Connections Matter More Than Others

valuable in discovering options you didn’t already know about. “This social theory, which has been influential over the last hundred years, says that weak ties are more beneficial for employment opportunities, promotions, and wages than... View Details

Keywords: by Michael Blanding

25 Mar 2019
Research & Ideas

The Secret Life of Supply Chains

Delgado. “It can have a multiplying effect.” Once they categorized industries this way, it became clear that manufacturers that sell directly to consumers are not creating the best jobs. Supply chain industries comprise 43 percent of jobs nationwide, and their average... View Details

Keywords: by Michael Blanding; Manufacturing; Service

Publications