The Container Store has fostered employees who have been, and continue to be, more productive than average employees, and this has led to better customer relations. Tindell says he pays anywhere from 50% to 100% more for every employee and gets about two to three times more productivity out of them. Tindell also says that The Container Store has a 10% employee turnover rate, compared to the retail industry average of 100%.
Wow. That's awesome. We need performance compensation plans where employes can earn 50-100% more than the average for their kind of work and do most of it on performance.
