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- W4386638797 abstract "This paper focuses on how increasing wages affects employees and companies. Primarily, it uses an efficiency wage model to confirm that increasing wages leads to increased employee productivity and reduced laziness, as well as increased firm productivity and attracting more highly skilled employees. The paper also examines what the benefits of a 15% increase in the minimum wage are to the firm. Increasing the minimum wage can reduce employee turnover as well as the firm's production costs." @default.
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- W4386638797 date "2023-09-13" @default.
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- W4386638797 title "Should Apple Raise Wages? What Happens if They Immediately Raise Wages per Worker by 15%?" @default.
- W4386638797 doi "https://doi.org/10.54254/2754-1169/17/20231109" @default.
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