| [Member (365WT)]answers [Chinese ] | Time :2017-01-04 | Efficiency of wages is paid to employees higher than the average wage of the market, such wages can play an effective incentive for the role of professionals, can improve productivity and business performance, therefore, such a high wage is the efficiency of wages, that is In such a wage level, the relative yield of labor costs is the highest. Simply put, the efficiency of wages, that is, enterprises or other organizations to pay to employees than the market average wage is much higher to encourage employees to work hard to an incentive and pay system.
Substance
That wages are not entirely
Also known as
Efficiency wage theory |
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