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I’m A CEO--Here’s How I Decide Whether To Give You A Raise Or Lay You Off | Fast Company | Business Innovation
Value isn’t a function of time. There are 24 hours in a day whether a company pays for them or not—it’s what you do with those hours that counts. Even for hourly employees, businesses aren’t paying for time—they’re paying for value. To put it simply, an employee is a company asset, and compensation is an investment in that asset.