headshot of CWRU professor Susan Helper

Weatherhead School’s Susan Helper explains the effect higher wages have on employees

Minimum-wage hike, job training are focus of efforts to close pay gap

The Columbus Dispatch: Susan Helper, the Frank Tracy Carlton Professor of Economic, explained the effect higher wages have on employees. “Ultimately, companies create a virtuous cycle, paying higher wages and benefits, which in turn increase loyalty and productivity, increasing revenue and making up for higher compensation costs,” she said.