Workers who are loyal to their employers tend to be paid more, according to the first broad-scale study of worker loyalty and earnings. Michigan State University researchers surveyed 10,800 employees in former socialist countries that introduced capitalist economies in the 1990s. While previous research has found that worker loyalty bolsters companies’ bottom lines by lowering labor turnover costs and enhanced customer service, this study shows that employees benefit as well – by making more money, said Susan Linz, lead author and professor of economics.
Posted on: Mon, 19 Aug 2013 06:03:33 +0000
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