Question

Which of the following are benefits of being a more productive worker? Select all that apply. more likely to keep a job more likely to receive less benefits more likely to be hired more likely to earn more money

Answer 1

Answer: 1,3,4

Step-by-step explanation:

Answer 2

Productive workers are more likely to retain their jobs, get hired, and earn a higher income due to their contributions to the success of the business and the economic principle of the efficiency wage theory.

Step-by-step explanation:

The benefits of being a more productive worker include being more likely to keep a job, more likely to be hired, and more likely to earn more money.

Productivity is valued by employers as it contributes to the success of the business, which in turn leads to a healthier and more competitive market, offering better or less expensive products to consumers.

The efficiency wage theory suggests that well-compensated workers tend to be more productive, acknowledging the benefit in reducing turnover and training costs for the employer.

Additionally, union workers often have higher productivity due to longer tenure in positions, which contributes to the accumulation of experience and the minimization of employer costs associated with training and hiring.