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1. time.com › 6192213How One CEO Improved Results By Investing in His Workers

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   Jun 30, 2022 · And at PayPal, the online payments company, CEO Dan Schulman has embarked on an ambitious effort to improve the financial wellbeing of his frontline employees—going well beyond simply raising...

2. www.inc.com › minda-zetlin › paypal-wages-ndiPayPal Grew Its Profits 28 Percent--by Raising Workers' Wages

   www.inc.com › minda-zetlin › paypal-wages-ndi

   Jan 10, 2021 · CEO Dan Schulman proves raising hourly and entry-level workers' pay can benefit their employer. PayPal just had its two best years ever, and the growth of e-commerce is only one reason. Instead...

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4. www.ted.com › talks › ted_business_how_we_canHow we can actually pay people enough -- with Paypal ... - TED

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   Capitalism urgently needs an upgrade, says PayPal CEO Dan Schulman, and it starts with paying people enough to actually invest in their futures. He explains the epiphany that led PayPal to create a whole new metric for adequate pay, Net Disposable Income, and why investing in employees' financial health is just good business.

5. www.freep.com › story › moneyPayPal CEO talks about paying workers, pandemic and working ...

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   May 20, 2021 · PayPal had expected its minimum net disposable income among hourly and entry-level workers to hit 16% early this year. Schulman said it's around 18% now. As part of its effort, PayPal...

   • Author: Susan Tompor

   • Occupation: Personal Finance Columnist

6. www.forbes.com › sites › justcapitalPayPal Thrives As Its Employees Thrive - Forbes

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   Jan 26, 2024 · PayPal discovered that two-thirds of its entry-level workers were living on the financial edge after paying for transportation, rent, medical expenses, childcare and food. As a result, PayPal...

   • Author: Peter Georgescu

7. www.shrm.org › executive-network › insightsPayPal Workers Were Struggling to Make Ends Meet; CEO Dan ...

   www.shrm.org › executive-network › insights

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   Oct 4, 2021 · PayPal launched a financial-wellness program after realizing its employees were struggling. After putting the program in place, the average net disposable income for workers went up to 16...

8. People also ask

   Should PayPal pay its employees enough?

   • There are, of course, many factors driving PayPal's growth, including the relentless rise of e-commerce. But professors at Harvard and Stanford told Business Insider that there's plenty of evidence to show the bottom-line benefits of paying employees enough so they can live without constant financial fear.

   PayPal Grew Its Profits 28 Percent--by Raising Workers' Wages

   www.inc.com/minda-zetlin/paypal-wages-ndi-profits-growth-dan-schulman.html

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   Why did PayPal ask employees about their financial health?

   • PayPal CEO Dan Schulman admitted that he surveyed PayPal's employees about their financial health because he believed the financial technology company was doing well in that arena. Schulman stated that PayPal sets wages based on market rates or higher. Therefore, he assumed workers would be financially sound.

   PayPal CEO talks about paying workers, pandemic and

   www.freep.com/story/money/personal-finance/susan-tompor/2021/05/20/paypal-ceo-talks-paying-workers-pandemic-and-working-remotely/5163456001/

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   Are PayPal's employees well-paid?

   • Schulman assumed that most all of PayPal’s employees were well off. After all, the company is worth more than $80 billion, and Silicon Valley behemoths are known for their generous compensation. But several years ago, Schulman learned that many of PayPal’s lowest-paid employees were having a hard time making ends meet.

   How One CEO Improved Results By Investing in His Workers

   time.com/6192213/paypal-daniel-schulman-capitalism/

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   Why is PayPal a good company?

   • In its business-facing activities, PayPal has tried to honestly serve its community, suppliers, shareholders, the environment, the nation, and, most of all, its employees. That last stakeholder is all-important. This primary, foundational focus on employee well-being has been the lynchpin for its growth.

   PayPal Thrives As Its Employees Thrive

   www.forbes.com/sites/justcapital/2024/01/26/paypal-thrives-as-its-employees-thrive/

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   How did PayPal make money?

   • PayPal discovered that two-thirds of its entry-level workers were living on the financial edge after paying for transportation, rent, medical expenses, childcare and food. As a result, PayPal transformed its compensation. It raised basic wages. It cut each worker’s cost of benefits by more than half.

   PayPal Thrives As Its Employees Thrive

   www.forbes.com/sites/justcapital/2024/01/26/paypal-thrives-as-its-employees-thrive/

   See all results for this question

   What is PayPal's net income goal?

   • PayPal, based in San Jose, California, set a goal of reaching a net disposable income of 20% for hourly and entry-level workers by year end or early next year. PayPal had expected its minimum net disposable income among these workers to hit 16% early this year. According to PayPal CEO Dan Schulman, it's currently around 18%.

   PayPal CEO talks about paying workers, pandemic and

   www.freep.com/story/money/personal-finance/susan-tompor/2021/05/20/paypal-ceo-talks-paying-workers-pandemic-and-working-remotely/5163456001/

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9. fortune.com › 2020/09/09 › paypal-dan-schulmanWhy PayPal's Dan Schulman gave workers pay increases, without ...

   fortune.com › 2020/09/09 › paypal-dan-schulman

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   Sep 9, 2020 · The result: he gave pay increases to PayPal workers, even though the market didn’t require it. Schulman argues his actions on pay have worked just fine for shareholders.