Efficiency wage theory argues that workers’ productivity depends on their pay, and so employers will often find it worthwhile to pay their employees somewhat more than market conditions might dictate. Do you think this theory generally holds true, with better pay motivating higher productivity? Or do workers feel complacent and higher wages don’t pay off for the firm in terms of higher productivity?
Efficiency wage theory argues that workers productivity depends on the
by essayhint.com | Oct 13, 2021 | Uncategorized