Tom Perez Quotes
It stands to reason: Higher wages means higher loyalty and morale, which means higher productivity, which means a more profitable business.
Topics
Employee Benefits
Job Satisfaction
Job Security
Business
Business Profitability
Business Success
Compensation Structure
Employee Engagement
Employee Loyalty
Employee Morale
Employee Retention
Higher wages
Labor Economics
Performance Incentives
Profitable Business
Wage Increase
Wage Inequality
Work-Life Balance
Workplace Culture
Productivity Gain
Citations
Perez, Thomas E. "The Business Case for a Minimum Wage Increase." HuffPost, 28 Apr. 2014.
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Thomas Edward Perez is an American politician and attorney who served as the Chair of the Democratic National Committee from February 2017 until January 2021. Perez was previously Assistant Attorney General for Civil Rights (2009–2013) and United States Secretary of Labor (2013–2017). He was a GU Politics Fellow at the Georgetown Institute of Politics and Public Service in 2021.