BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  PayPal Grew Its Profits 28% - By Raising Workers’ Wages

PayPal Grew Its Profits 28% - By Raising Workers’ Wages

11-Jan-21 12:45

PayPal Grew Its Profits 28% - By Raising Workers’ Wages

PayPal just had its two best years ever, and the growth of ecommerce is only one reason. Instead, CEO Dan Schulman credits the company's success at least in part to a 2019 initiative to raise the salaries of its hourly and entry-level employees and dramatically lower their healthcare costs. ensure that everyone who works at the company can afford to pay their bills and receive healthcare when they need it. His approach is a lesson for every business owner.

Produced by: Richard Bradbury

Presented by: Freda Liu, Christine Wong, and Richard Bradbury


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags:  Paypal,  employment,  salary,  ecommerce,  finances


Latest Podcasts




Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

7:30 AM

Morning Brief

7:45 AM

Top Story

8:00 AM

The Breakfast Grille

8:30 AM

Morning Brief

8:45 AM

Morning Brief

9:00 AM

Opening Bell (REPEAT)

9:15 AM

Opening Bell (REPEAT)

9:35 AM

Pressing Matters

10:05 AM

Open For Business

(REPEAT) Kelvin Teo, CEO & Co-Founder, Funding Societies | Wong Kah Meng, COO & Co-Founder, Funding Societies

11:05 AM

P&L

(REPEAT) Bikesh Lakhmichand, CEO and Founding Partner, 1337 Ventures

12:00 PM

Enterprise Explores

(REPEAT) Michele Kythe Lim, President & CEO, Institute of Corporate Directors Malaysia (ICDM) | Tunku Alizakri, Former Chairman, Penjana Kapital

1:00 PM

The Breakfast Grille Repeat

2:05 PM

Discovery Hour

Lagu-Lagu Dulu-Dulu: Modern Renditions of the Classics; Sean Ghazi & Ida Mariana

3:05 PM

Earth Matters (REPEAT)

Best of Earth Matters: Beautiful, Biodiverse, Batu Caves; Dr Ruth Kiew, Botanist, Malaysian Cave and Karst Conservancy (MCKC) and Leader, Batu Caves Scientific Expedition | Dr Ros Fatihah Muhammad, Geologist & President, Malaysian Cave and Karst Conservancy (MCKC)

4:05 PM

Health & Living (REPEAT)

Will Medical Insurance Co-Payments Be A Burden?; Professor Dato' Dr Syed Mohamed Aljunid, Professor of Health Economics, Policy and Management, & President, Malaysian Health Economic Association

5:00 PM

Top 5 At 5 (REPEAT)

6:00 PM

Today I Learned (REPEAT)

Why Tears Spread - Stigma, Culture, and Emotional Responses; Dr Chua Sook Ning, Clinical Psychologist

7:00 PM

Just For Kicks

8:00 PM

GGWP

9:00 PM

Wavelength