Over time your bottom line will reflect the enhanced emphasis. Some organizations believe they are doing their bottom line a favor by paying as low a wage as possible. But this approach generally results in lower bottom line earnings. Primarily because the quality of people brought in and kept in the business is not at the level necessary to achieve high performance. And because turnover tends to be higher in companies unwilling to pay at least a competitive wage.
Turnover alone is very damaging to the bottom line.
Avoid a short-term strategy of paying lower wages. Over the long-haul, a higher wage structure will help reduce turnover and will allow you to attract and retain better people. Both should show positive benefits to your bottom line. Bad processes lead to more hours than necessary being worked which translates into more overtime or more people. And bad processes can have a detrimental impact on customer service.