Paying Workers More Is Good For Business: Gravity Payments CEO

Paying Workers More Is Good For Business: Gravity Payments CEO

Assessment

Interactive Video

Business

University

Hard

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The speaker discusses their commitment to paying fair wages to employees, highlighting the positive impacts on employee well-being, such as debt reduction and increased savings. They critique the notion that free markets solve all problems, arguing that collective actions and strong unions are necessary for addressing issues like long work hours and child labor. The speaker shares their personal journey from a conservative Christian background to advocating for fair business practices, inspired by supporting small businesses against larger institutions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What commitment did the speaker announce regarding employee wages?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the impact of wage increases on the number of babies born among employees.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the speaker's view on free markets change over time?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What evidence did the speaker provide to support the idea that paying employees more can lead to business success?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the speaker's motivation for supporting small businesses like Heather Hempel's coffee shop?

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