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white_wolf

(6,238 posts) Sun Jul 31, 2016, 04:03 PM Jul 2016

Liberal Businesses?

This is kind of a weird topic, but here goes. We know that liberal economic policies tend to benefit countries as a whole. What I'm curious to know is regarding individual companies that promote internal liberal polices. Things like paying their workers a higher wage, union organization, providing benefits, etc. Do companies that do those things tend to do better than the competition? I'd love to hear some examples or even read some studies on this if anyone has them.

Liberal might not be the best word for what I'm describing, but hopefully you all get it. Thanks.

11 replies

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Liberal Businesses? (Original Post) white_wolf Jul 2016 OP

Costco is a good example, the CEO pays employees a living wage. Rex Jul 2016 #1

Good call. white_wolf Jul 2016 #2

Costco is one of the best. silverweb Jul 2016 #8

Winco Foods. silverweb Jul 2016 #3

Bob's Red Mill. silverweb Jul 2016 #4

I've heard good things about In-n-Out Burger. silverweb Jul 2016 #5

My company is a good company, though not "liberal" per se. Adrahil Jul 2016 #6

Thanks. I'm not worried about politics here... white_wolf Jul 2016 #9

Gotcha.... my company treats its people right. And it seems to work. NT Adrahil Jul 2016 #10

I'd really love for there to be a lightly managed "Blue" mutual fund. Schema Thing Jul 2016 #7

Not sure what you mean by "lightly managed." silverweb Jul 2016 #11

Rex

(65,616 posts)

1. Costco is a good example, the CEO pays employees a living wage.

Reply to white_wolf (Original post)

Sun Jul 31, 2016, 04:06 PM

Jul 2016

And the company is doing great.

white_wolf

(6,238 posts)

2. Good call.

Reply to Rex (Reply #1)

Sun Jul 31, 2016, 04:10 PM

Jul 2016

I actually work for the owner's son and he's a great guy and boss.

silverweb

(16,402 posts)

8. Costco is one of the best.

Reply to Rex (Reply #1)

Sun Jul 31, 2016, 04:25 PM

Jul 2016

[font color="navy" face="Verdana"]I joined when it was the Price Club back in San Diego and it's only gotten better.

Employees are happy enough to stay for many years, and I was speaking with a couple of them nearing retirement just last week. They've got nothing but good things to say about the company.

silverweb

(16,402 posts)

3. Winco Foods.

Reply to white_wolf (Original post)

Sun Jul 31, 2016, 04:10 PM

Jul 2016

[font color="navy" face="Verdana"]Employee owned: About Winco Foods.

silverweb

(16,402 posts)

4. Bob's Red Mill.

Reply to white_wolf (Original post)

Sun Jul 31, 2016, 04:14 PM

Jul 2016

[font color="navy" face="Verdana"]Also employee owned now, since the founder gave 100% of the company to his employees on his 81st birthday.

Proudly Employee Owned.

silverweb

(16,402 posts)

5. I've heard good things about In-n-Out Burger.

Reply to white_wolf (Original post)

Sun Jul 31, 2016, 04:19 PM

Jul 2016

[font color="navy" face="Verdana"]Good pay, great benefits, paid vacation, etc.

In-n-Out restaurant employment.

Adrahil

(13,340 posts)

6. My company is a good company, though not "liberal" per se.

Reply to white_wolf (Original post)

Sun Jul 31, 2016, 04:23 PM

Jul 2016

The owners and management of my company are fairly conservative, but the company has a philosophy that if you take care of your employees, they will seek to take care of the company by providing excellent service. Good pay, good benefits. No union, though we are an engineering services company, so not really the type of company that unionizes.

white_wolf

(6,238 posts)

9. Thanks. I'm not worried about politics here...

Reply to Adrahil (Reply #6)

Sun Jul 31, 2016, 04:25 PM

Jul 2016

So much as trying to find evidence to dispute the idea that companies have to treat their employees like serfs to maintain profits.

Adrahil

(13,340 posts)

10. Gotcha.... my company treats its people right. And it seems to work. NT

Reply to white_wolf (Reply #9)

Sun Jul 31, 2016, 04:29 PM

Jul 2016

Schema Thing

(10,283 posts)

7. I'd really love for there to be a lightly managed "Blue" mutual fund.

Reply to white_wolf (Original post)

Sun Jul 31, 2016, 04:25 PM

Jul 2016

Last edited Sun Jul 31, 2016, 05:45 PM - Edit history (1)

I think it would outperform, over time.

silverweb

(16,402 posts)

11. Not sure what you mean by "lightly managed."

Reply to Schema Thing (Reply #7)

Sun Jul 31, 2016, 04:32 PM

Jul 2016

[font color="navy" face="Verdana"]However, there are quite a few socially responsible investment funds. This article is a few years old, but it's a starting place:

http://www.kiplinger.com/article/investing/T041-C000-S002-the-7-top-funds-for-ethical-investing.html#

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