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Freakonomics Radio

79. A Cheap Employee Is … a Cheap Employee

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 13 June 2012

⏱️ 6 minutes

🧾️ Download transcript

Summary

Paying workers as little as possible seems smart -- unless you can make more money by paying them more.

Transcript

Click on a timestamp to play from that location

0:00.0

From APM, American Public Media, and WNYC.

0:07.0

This is Freakonomics Radio on Marketplace.

0:11.0

Here's the host of Marketplace, High Rizdall.

0:16.0

Time now for a little Freakonomics radio, that moment every couple of weeks where we talk to Stephen Dumbner,

0:21.0

the co-author of the books and the blog of the same name. It is the hidden side of everything. Dumbner, how are you?

0:29.0

Thank you for holding. Stephen Dumbner is currently assisting other radio hosts.

0:34.0

All right, first one.

0:36.0

You're all ready to dive in.

0:37.0

All right, all right, come on.

0:40.0

Hello, Kai.

0:41.0

Yes, I am sorry for that inconvenience. I really do appreciate your patience. How can I help you today?

0:46.0

Well, one, you can answer the dog on phone when I call. But what? What's your stick this week?

0:51.0

Well, Kai, as you may have guessed, our topic today is about customer service.

0:55.0

How we are treated when we have some kind of, you know, redoing.

0:58.0

Well, you give a lousy customer service. Can we just say that right up front?

1:01.0

I am working on it. Thanks for the feedback.

1:03.0

I appreciate that.

1:04.0

We started by asking our blog readers about their experiences with customer service good or bad, mostly bad.

1:11.0

Here's Eric Jones, a guy who found himself in one of those ridiculously long lines at the phone company.

1:17.0

And remembering my life as a hippie in the 60s, I decided that the right way to do this,

1:23.0

instead of throwing the phone display through the store window, was to simply lay down on the floor.

1:29.0

And I did that, and I was astonished how well it worked.

...

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