Human capital advantage and efficiency wage theory: For what firms might this intangible value not be priced-in?November 27, 2018
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For years Costco has been heralded as a great place to work. Employee satisfaction isn’t just a Costco phenomenon, and Wharton School research shows that it can lead to alpha.
In this brief, we’ll look at a potential “Costco cohort”:
- Firms that outperform in ESG categories related to human capital
- Where intangible value may not yet be priced in
Multiline and Specialty Retailers
Employee Health and Wellbeing
Recruitment, Development, and Retention