Posts Tagged ‘armand hammer’

Armand Hammer: Well Paid Worker

Posted by admin on Tuesday, May 21, 2019

Armand Hammer Money Quote saying the better someone is paid, the more likely they are to be industrious and valuable and conversely, poorly paid workers are worth less to the business. Armand Hammer said:
 
People will always work harder if they're getting well paid and  if you pay peanuts, you get monkeys Quote
 

“People will always work harder if they’re getting well paid and if they’re afraid of losing a job which they know will be hard to equal. As is well known, if you pay peanuts, you get monkeys” — Armand Hammer

 

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In this quote, Armand Hammer is making the argument that employees will be more motivated and productive if they are well compensated financially for their work. He asserts that people will work harder if they are afraid of losing a job that pays well, which would be difficult to replace.

Hammer also notes the inverse – that if you pay poorly, you will only attract less capable “monkeys” to do the work rather than serious, skilled employees.

Overall, the quote conveys Hammer’s view that good pay is necessary to incentivize maximum effort from workers and recruit higher quality talent, while low wages result in inferior job performance and a less competent workforce. He is emphasizing fair compensation as key to optimizing labor output and quality according to this perspective.

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