Low pay is obviously terrible for workers, but a growing body of research proves that it’s bad for businesses, too. Smaller paychecks lead to higher turnover, decreased productivity, and poor sales. Will low-wage employers in the grocery, retail, and restaurant industries ever understand that their employees are their most important asset? Zeynep Ton hopes s ... Show More
Mar 3
Should There Be a Limit to Wealth? (with Ingrid Robeyns)
Economic debates often focus on poverty — how to raise wages, strengthen safety nets, and ensure people don’t fall too far behind. But what if fairness also requires asking a different question: how much wealth is too much? This week, we’re resharing our conversation with ethics ... Show More
46m 32s
Dec 2021
There Still Aren’t Enough “Good Jobs”
Companies around the world are struggling to fill open positions, while millions of unemployed people look for work. What's going on? Zeynep Ton, professor at the MIT Sloan School of Management, says that organizations need to start offering better jobs. While old-school manageme ... Show More
27m 5s
Jun 2023
What Makes a Good Job, part 2, featuring Zeynep Ton
In this second installment of our Good Jobs series, Jessi sits down with Zeynep Ton, founder of MIT’s Good Jobs Institute and author of the new research-driven book, The Case for Good Jobs: How Great Companies Bring Dignity, Pay, and Meaning to Everyone's Work. Zeynep argues that ... Show More
34m 34s
Oct 2023
Why companies should care about their employees' happiness and creating good jobs
We’re in an era where employee fulfillment and purpose are essential, but have management principles caught up? Today’s episode was recorded live at the Fast Company Innovation Festival last week in New York City, with Rachel Korberg, founder and executive director of the Family ... Show More
29m 5s
Feb 2018
Full Employment is Not Perfection, Krueger Says
Nouriel Roubini, Roubini Macro Associates Chairman and NYU Stern School of Business Professor, says bitcoin is the mother of all bubbles. Alan Krueger, Princeton University Economics Professor, says labor unions could do a better job of marketing themselves. Bill Gross, Janus Hen ... Show More
33m 59s
Nov 2021
Forward Thinking on making labor markets work smarter—for people and companies—with Beth Cobert and Byron Auguste
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, Michael Chui talks to Byron Auguste and Beth Cobert whose professional life is dedicated to fostering a more skills-based labor market. Their focus is on the United States, but their diagnostic can just ... Show More
44m 34s