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High-tech firms tend to treat their employees better in terms of wages, benefits, working conditions, vacation time, etc. than landscaping or fast-food franchises treat


 

High-tech firms tend to treat their employees better in terms of wages, benefits, working conditions, vacation time, etc. than landscaping or fast-food franchises treat theirs. a. Why might this be the case? Work in the high-tech industry requires substantial expertise, making competition among high-tech firms for a smaller pool of qualified applicants especially fierce. Firms believe that it is only fair to offer highly skilled workers more attractive labor contracts than those offered less skilled workers. Labor contracts in the high-tech industry compensate workers for the taking unattractive high-tech jobs rather than jobs in other industries, such as fast-food and landscaping. There is no good explanation. Relative compensation levels in different industries are largely random. b. People are most likely to object to the above arrangement on grounds of

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