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Your workers will be more invested if they can comfortably afford the product, though. Obviously this depends on the market.
by lfowles 11y ago
Your workers will be more invested if they can comfortably afford the product, though. Obviously this depends on the market.
- savanaly 11y agoOh, no doubt that can be a reason. The literature around the "efficiency wage" is well developed [1], my comment was only disputing that there were a reason to pay above market clearing wages for reasons of stimulating demand. [1](https://en.wikipedia.org/wiki/Efficiency_wage https://en.wikipedia.org/wiki/Efficiency_wage)
- ktRolster 11y agoYour workers will be more invested if they can comfortably afford the product, though. Most of the companies I've worked for I would never buy their product: either because I didn't need it, or because I knew its true quality, or both.