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
Nov 18
The Measure of Progress: Counting What Really Matters (with Diane Coyle)
For nearly a century, GDP has been the world’s go-to measure of economic success—but what if it’s been telling us the wrong story? It treats cigarette sales and cancer treatments as equally “good” for the economy, while caring for your kids, volunteering, or creating art don’t co ... Show More
36 m
Nov 11
Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud (with Ben McKenzie)
Actor and author Ben McKenzie didn’t set out to become one of crypto’s fiercest critics—but when the pandemic hit and Hollywood shut down, his curiosity turned into a full-blown investigation. The result was the bestselling book, Easy Money: Cryptocurrency, Casino Capitalism, and ... Show More
32m 52s
Nov 4
Stock Buybacks and the Trillion Dollar Heist (with Senator Cory Booker)
Corporations are on track to spend more than $1.3 trillion on stock buybacks this year—money that could have gone toward higher wages, innovation, or community investment. That’s the real-life Trillion Dollar Heist at the center of our new comic from Civic Ventures, which follows ... Show More
39m 42s
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