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Local cabinetmaker pens business column for New York Times blog

Paul Downs, founder of Paul Downs Cabinetmakers, wrote about his generous employee compensation philosophy on the New York Times' small-business blog.

I don’t want that kind of relationship with my employees, and I don’t want to deal with constant turnover. My people are smart and hard-working and that’s who I want to spend my life with. I’d rather err on the side of paying them too much than have to deal with grumbling and turnover. But if I were running a business where turnover is expected — an ice-cream stand in a summer resort, for example — I’d have a different attitude. I’d be a lot more interested in my own reward than the long-term prosperity of my workers. And that would make sense, for that situation.

Original source: The New York Times
Read the entire column here.
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