full transcript

From the Ted Talk by Zeynep Ton: The case for good jobs — and why they're good for business too

Unscramble the Blue Letters


You might say, yeah, but Costco is an exception, Jim Sinegal is barve and bnililrat, and that's the only reason they can keep their costs low and waegs high. But it's not just Costco. Others, like Mercadona, Spain's lagsret supermarket chain; QuikTrip, a convenience store chian with gas stations, have also turned what's tilcayply considered low-wage, high-turnover jobs into good jobs. Now these companies all pay their workers more because absence of sufficient pay guarantees high eplemyoe tueorvnr. But pay alone is not going to make Janet's job a good one. And if all Janet's company did was to pay werokrs more without raising their productivity, then that would mean either higher prices or lower profits. Higher pay requires higher productivity. And higher productivity requires better work.

Open Cloze


You might say, yeah, but Costco is an exception, Jim Sinegal is _____ and _________, and that's the only reason they can keep their costs low and _____ high. But it's not just Costco. Others, like Mercadona, Spain's _______ supermarket chain; QuikTrip, a convenience store _____ with gas stations, have also turned what's _________ considered low-wage, high-turnover jobs into good jobs. Now these companies all pay their workers more because absence of sufficient pay guarantees high ________ ________. But pay alone is not going to make Janet's job a good one. And if all Janet's company did was to pay _______ more without raising their productivity, then that would mean either higher prices or lower profits. Higher pay requires higher productivity. And higher productivity requires better work.

Solution


  1. typically
  2. workers
  3. largest
  4. wages
  5. brilliant
  6. brave
  7. turnover
  8. chain
  9. employee

Original Text


You might say, yeah, but Costco is an exception, Jim Sinegal is brave and brilliant, and that's the only reason they can keep their costs low and wages high. But it's not just Costco. Others, like Mercadona, Spain's largest supermarket chain; QuikTrip, a convenience store chain with gas stations, have also turned what's typically considered low-wage, high-turnover jobs into good jobs. Now these companies all pay their workers more because absence of sufficient pay guarantees high employee turnover. But pay alone is not going to make Janet's job a good one. And if all Janet's company did was to pay workers more without raising their productivity, then that would mean either higher prices or lower profits. Higher pay requires higher productivity. And higher productivity requires better work.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
employee turnover 4
good jobs 4
higher pay 3
essential workers 2
good job 2
call janet 2
higher productivity 2
john furner 2
raise pay 2
reducing turnover 2


Important Words


  1. absence
  2. brave
  3. brilliant
  4. chain
  5. companies
  6. company
  7. considered
  8. convenience
  9. costco
  10. costs
  11. employee
  12. exception
  13. gas
  14. good
  15. guarantees
  16. high
  17. higher
  18. jim
  19. job
  20. jobs
  21. largest
  22. mercadona
  23. pay
  24. prices
  25. productivity
  26. profits
  27. quiktrip
  28. raising
  29. reason
  30. requires
  31. sinegal
  32. stations
  33. store
  34. sufficient
  35. supermarket
  36. turned
  37. turnover
  38. typically
  39. wages
  40. work
  41. workers
  42. yeah