--- title: "Meaning & Key Takeaway of: What we must seek is a plan by which the…" description: "\"What we must seek is a plan by which the men will receive high wages when the employers are receiving high prices for the product.\" — Charles M. Schwab" image: "https://sms4smile.com/quotes/i/bc0/charles-m-schwab-4260_employers_what-we-must-seek-is-a-plan-by-which-the_1974385.png" --- # What we must seek is a plan by which the men will receive… ![“What we must seek is a plan by which the men will receive high wages when the employers are receiving high prices for the product.” quote by Charles M. Schwab](https://sms4smile.com/quotes/i/bc0/charles-m-schwab-4260_employers_what-we-must-seek-is-a-plan-by-which-the_1974385.png) [Download](https://sms4smile.com/quotes/i/bc0/charles-m-schwab-4260_employers_what-we-must-seek-is-a-plan-by-which-the_1974385.png) [Open image](https://sms4smile.com/quotes/i/bc0/charles-m-schwab-4260_employers_what-we-must-seek-is-a-plan-by-which-the_1974385.png) > “What we must seek is a plan by which the men will receive high wages when the employers are receiving high prices for the product.” [Charles M. Schwab](https://sms4smile.com/quotes/author/charles-m-schwab/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advocates aligning workers' wages with product profitability to ensure fair compensation **In simple terms:** Tie wages to product success Key Takeaway Ensure wages rise with prices Themes fairness economics labor relations Mood optimistic pragmatic Type business economic When to use this quote - Negotiating contracts - setting corporate policy - union discussions - government labor hearings Key Concepts Wage theory profit sharing market dynamics Questions to Reflect On - How can firms sustain high wages when prices fall? - What safeguards protect workers if profits dip? A Different Perspective May overlook market volatility and employer constraints ★ ★ ★ ★ ★ No ratings yet [Employers](https://sms4smile.com/quotes/about/employers/) [Employers Receiving](https://sms4smile.com/quotes/about/employers-receiving-3333888/) [He man](https://sms4smile.com/quotes/about/he-man/) [High prices](https://sms4smile.com/quotes/about/high-prices/) [High Wages](https://sms4smile.com/quotes/about/high-wages-746588/) [Men](https://sms4smile.com/quotes/about/men/) [Plans](https://sms4smile.com/quotes/about/plans/) [Products](https://sms4smile.com/quotes/about/products/) [Receiving](https://sms4smile.com/quotes/about/receiving/) [Seek Plan](https://sms4smile.com/quotes/about/seek-plan-3333889/) [Wages](https://sms4smile.com/quotes/about/wages/) [Wages Employers](https://sms4smile.com/quotes/about/wages-employers-3333887/) ## Related quotes > [You can't tell me you can make any system or country work with low wages and high prices, and high wages with high prices…](https://sms4smile.com/quotes/henry-ford/you-can-t-tell-me-you-can-make-any-system-or-country-work-with-low/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [It is not the employer who pays the wages. 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