About an organization treating employees well increases job satisfaction, creativity and well-being. Which gives better results. In the long run, it pays to give employees freedom under responsibility. That is the humane way forward.
Short-sightedness and greed instead creates stress, mental illness and a worse working climate. Entrepreneurs and organizations that understand how to invest in their staff, on the other hand, have a bright future ahead of them.
A good way to improve the working environment and wages for everyone is to expand the public sector to 1991 levels before the Bildt government cut back. This is needed to reduce unemployment. The right instead wants equilibrium unemployment, not only to curb inflation but to incite and pressure those who currently have employment.
We need too permanent employment with full time as the norm instead of insecure forms of employment.
A dissertation from Gothenburg School of Business and Economics can be read about the profitability of investing in employees here.