CNBC Work
PayPal CEO says investing in low-level employees will drive shareholder returns
Key Points
- PayPal CEO and President Daniel Schulman said two-thirds of entry-level and call center employees revealed in a survey that they were living paycheck to paycheck, at the CNBC Workforce Executive Council Summit.
- To help struggling workers the company lowered healthcare costs, and created avenues for more employees to receive equity in the company to promote long-term saving.
- Taking care of employees translates to better success for the company, the executive said.