Question
Many businesses often lack the resources to pay their employees well. Assume that you have launched a new venture that will sell and deliver specialty
Many businesses often lack the resources to pay their employees well. Assume that you have launched a new venture that will sell and deliver specialty food products to restaurants throughout the metro St. Louis area. You will be providing the vehicles that your delivery people drive and will be paying for all related expenses such as gas, maintenance and insurance, but you can only pay them $12 per hour with no fringe benefits. Further, assume that other options are available to your prospective employees that pay more (such as $15 - $25 per hour jobs at Amazon with benefits such as options to participate in group health insurance programs and 401Ks). What types of things might you be able to do to entice quality people to come work for you instead and how might you retain them? Do you think that your measures can work? Why or why not?
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