10. How might payment of an efficiency wage (a) reduce shirking by employees and (b) reduce employee...
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10. How might payment of an efficiency wage
(a) reduce shirking by employees and
(b) reduce employee turnover? What is the implication of the efficiency wage theory for unemployment? In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages?
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Related Book For
Contemporary Labor Economics
ISBN: 9780073375953
9th Edition
Authors: Campbell McConnell, Stanley Brue, David Macpherson
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