Better Money Better World Podcast – HCAP Partners: Revolutionary Idea, Pay Workers Well to Drive Returns
Hope Mago, Partner at HCAP Partners, joined the Better Money Better World podcast to discuss how paying a living wage and creating quality jobs for workers drives increased returns due to lower employee turnover and better customer service.
PODCAST EPISODE SUMMARY
HCAP invests in service-oriented companies with large numbers of staff then pay that workforce a living wage and show them respect, trademarking the term “Gainful Jobs Approach”, which was created in conjunction with MIT’s Good Jobs Institute, to ensure that every employee has a “quality job”. Could HCAP be creating the actual “future of work” where sustainability for employees drives success on the bottom line? Hope Mago, Board Chair of Impact Capital Managers, continues to innovate at one of the first impact investment firms.