--- title: "Meaning & Key Takeaway of: How does paying people more money make…" description: "\"“How does paying people more money make you more money? It works like this. The more you pay your workers, the more they spend. Remember, they're not j..." image: "https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg" --- # How does paying people more money make you more money? It… ![“How does paying people more money make you more money? It works like this. The more you pay your workers, the more they spend. Remember, they're not just your workers- they're your consumers, too. The more they spend their extra cash on your products, the more your profits go up. Also, when…” quote by Michael Moore](https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg) [Download](https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg) [Open image](https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg) > ““How does paying people more money make you more money? It works like this. The more you pay your workers, the more they spend. Remember, they're not just your workers- they're your consumers, too. The more they spend their extra cash on your products, the more your profits go up. Also, when employees have enough money that they don't have to live in constant fear of bankruptcy, they're able to focus more on their work- and be more productive. With fewer personal problems and less stress hanging over them, they'll lose less time at work, meaning more profits for you. Pay them enough to afford a late model car (i.e. one that works), and they'll rarely be late for work. And knowing that they'll be able to provide a better life for their children will not only give them a more positive attitude, it'll give them hope- and an incentive to do well for the company because the better the company does, the better they'll do. Of course, if you're like most corporations these days- announcing mass layoffs right after posting record profits- then you're already hemorrhaging the trust and confidence of your remaining workforce, and your employees are doing their jobs in a state of fear. Productivity will drop. That will hurt sales. You will suffer. Ask the people at Firestone: Ford has alleged that the tire company fired its longtime union employees, then brought in untrained scab workers who ended up making thousands of defective tires- and 203 dead customers later, Firestone is in the toilet.”” [Michael Moore](https://sms4smile.com/quotes/author/michael-moore/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Paying workers well boosts their purchasing power, reduces stress, and aligns them as both employees and customers, leading to higher productivity and profits. **In simple terms:** Higher wages improve employee morale and consumer spending, benefiting the business. Key Takeaway Invest in fair wages to grow profits. Themes economics employee welfare consumer behavior productivity trust Mood optimistic analytical cautionary Type business economic motivational When to use this quote - retail - manufacturing - service industry - startup - corporate restructuring Key Concepts human capital psychology of motivation risk of layoffs corporate culture Questions to Reflect On - How can companies balance wage increases with profitability? - What non‑monetary incentives could complement higher pay? A Different Perspective If wages are raised too high, costs may outweigh benefits, especially in low-margin sectors. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Less stress](https://sms4smile.com/quotes/about/less-stress/) [Money](https://sms4smile.com/quotes/about/money/) [Personal problems](https://sms4smile.com/quotes/about/personal-problems/) [Positive attitude](https://sms4smile.com/quotes/about/positive-attitude/) ## Related quotes > [The best way to invest corporate profits is to give them to the employees.](https://sms4smile.com/quotes/ricardo-semler/the-best-way-to-invest-corporate-profits-is-to-give-them-to-the/) [Ricardo Semler](https://sms4smile.com/quotes/author/ricardo-semler/) > [People work hard and companies make big profits, but employees don't see that they share in the wealth they help to create.](https://sms4smile.com/quotes/mariana-mazzucato/people-work-hard-and-companies-make-big-profits-but-employees-don-t/) [Mariana Mazzucato](https://sms4smile.com/quotes/author/mariana-mazzucato/) > [If banks earn more profits, the employees will benefit.](https://sms4smile.com/quotes/anurag-thakur/if-banks-earn-more-profits-the-employees-will-benefit/) [Anurag Thakur](https://sms4smile.com/quotes/author/anurag-thakur/) > [What the welfare system and other kinds of governmental programs are doing is paying people to fail. 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Speak without offending.](https://sms4smile.com/quotes/nishan-panwar/tips-for-a-better-life-1-live-without-pretending-2-love-without/) [Nishan Panwar](https://sms4smile.com/quotes/author/nishan-panwar/) > [There is always the possibility of a better life with every change that we face, but sometimes we have to look hard for it.](https://sms4smile.com/quotes/david-bowick/there-is-always-the-possibility-of-a-better-life-with-every-change/) [David Bowick](https://sms4smile.com/quotes/author/david-bowick/) > [So in the near future, two or three years, people in Kyrgyzstan will experience a better life.](https://sms4smile.com/quotes/kurmanbek-bakiyev/so-in-the-near-future-two-or-three-years-people-in-kyrgyzstan-will/) Kurmanbek Bakiyev > [I want to make sure that I fulfill the aspirations of the Gabonese people: to have access to a better life, job opportunities, and…](https://sms4smile.com/quotes/ali-bongo-ondimba/i-want-to-make-sure-that-i-fulfill-the-aspirations-of-the-gabonese/) [Ali Bongo Ondimba](https://sms4smile.com/quotes/author/ali-bongo-ondimba/) > [We will strive to make Taiwan a better place and enable our people to live better lives.](https://sms4smile.com/quotes/chen-shui-bian/we-will-strive-to-make-taiwan-a-better-place-and-enable-our-people-to/) [Chen Shui-bian](https://sms4smile.com/quotes/author/chen-shui-bian/) > [The slums are not a place of despair. Its inhabitants are all working towards a better life.](https://sms4smile.com/quotes/vikas-swarup/the-slums-are-not-a-place-of-despair-its-inhabitants-are-all-working/) [Vikas Swarup](https://sms4smile.com/quotes/author/vikas-swarup/) > [I see history as really cyclical in terms of the intense idealism, and the desire to create a better life outside of societal norms.](https://sms4smile.com/quotes/lauren-groff/i-see-history-as-really-cyclical-in-terms-of-the-intense-idealism-and/) [Lauren Groff](https://sms4smile.com/quotes/author/lauren-groff/) > [If I died Some people will be soo happy and though a party,Other will regret what they had said to me,and people who really…](https://sms4smile.com/quotes/jasmine/if-i-died-some-people-will-be-soo-happy-and-though-a-party-other-will/) [Jasmine](https://sms4smile.com/quotes/author/jasmine/) > [There is no more important task in a democracy than resolving the differences among people and finding a course of action that will be…](https://sms4smile.com/quotes/robert-mcnamara/there-is-no-more-important-task-in-a-democracy-than-resolving-the/) [Robert McNamara](https://sms4smile.com/quotes/author/robert-mcnamara/) > [There isn't any wall, however high, however wide or however big, whatever it is made from, that can bar you from achieving a better…](https://sms4smile.com/quotes/jose-luis-rodriguez-zapatero/there-isn-t-any-wall-however-high-however-wide-or-however-big/) [Jose Luis Rodriguez Zapatero](https://sms4smile.com/quotes/author/jose-luis-rodriguez-zapatero/) Browse all 925 Better life quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“How does paying people more money make you more money? It works like this. The more you pay your workers, the more they spend. Remember, they're not just your workers- they're your consumers, too. The more they spend their extra cash on your products, the more your profits go up. Also, when employees have enough money that they don't have to live in constant fear of bankruptcy, they're able to focus more on their work- and be more productive. With fewer personal problems and less stress hanging over them, they'll lose less time at work, meaning more profits for you. Pay them enough to afford a late model car (i.e. one that works), and they'll rarely be late for work. And knowing that they'll be able to provide a better life for their children will not only give them a more positive attitude, it'll give them hope- and an incentive to do well for the company because the better the company does, the better they'll do. Of course, if you're like most corporations these days- announcing mass layoffs right after posting record profits- then you're already hemorrhaging the trust and confidence of your remaining workforce, and your employees are doing their jobs in a state of fear. Productivity will drop. That will hurt sales. You will suffer. Ask the people at Firestone: Ford has alleged that the tire company fired its longtime union employees, then brought in untrained scab workers who ended up making thousands of defective tires- and 203 dead customers later, Firestone is in the toilet.”", "creator": { "@type": "Person", "name": "Michael Moore" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/michael-moore/how-does-paying-people-more-money-make-you-more-money-it-works-like/", "about": { "@type": "Thing", "name": "Better life" }, "@id": "https://sms4smile.com/quotes/michael-moore/how-does-paying-people-more-money-make-you-more-money-it-works-like/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg", "contentUrl": "https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg", "url": "https://sms4smile.com/quotes/i/b56/michael-moore-884_better-life_how-does-paying-people-more-money-make-y_2504610.jpg", "width": 1080, "height": 1080, "caption": "“How does paying people more money make you more money? 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