The relationship between wages and employee productivity

[Ayuba Ernest]

The relationship between wages and employee productivity is a complex one. On the one hand, higher wages can lead to higher employee productivity, as workers are motivated to work harder when they are paid more. On the other hand, higher wages can also lead to lower employee productivity, as workers may become lazy and entitled when they are paid too much. Ultimately, the best way to ensure high employee productivity is to strike a balance between these two factors.


Higher wages can lead to higher employee productivity, as workers are motivated to work harder when they are paid more. This is because workers feel appreciated and valued when they are paid more, and this motivates them to work harder. Additionally, higher wages can also lead to lower employee productivity, as workers may become lazy and entitled when they are paid too much. This is because workers may feel that they do not need to work hard when they are already being paid a high wage, and this can lead to a decline in productivity.


The best way to ensure high employee productivity is to strike a balance between these two factors. This means that employees should be paid a fair wage that is commensurate with their skills and experience. Additionally, employees should be given regular performance-based bonuses to motivate them to work hard. Finally, employees should be provided with adequate training and development opportunities to help them improve their skills and knowledge.

 

[Bard Racheal]

As it implies; the wages of an employee is the paramount tactics of building the productivity of that employee.

If you have poor payment for your employees,you should not expect more show up of employees or their productivity.

And you will not be able to push or force them to do your bidding,even at the time you expect them to get them done.

If you expect them to be productive and you try to force them, you are at the other hand chasing them away. And you will also be chasing future employees, because the news of your poor payment to your former employees can leak into the ears of those new ones to come.

At that point, you will have to face your customers all by yourself.
Also,if your clients happens to know about the poor handling of your employees, it may, (quote me) it may make them kinda discouraged from making future transactions with you.
Because they will feel that since you are not capable of holding your employees and taking care of them the way you ought to; it means you may not be able to take care of them, your clients.

As a business owner,it is your duty to pay your workers accurately, and according to how their position is.

 

[Jasz]

The relationship between wages and employee productivity is one of the most debated topics in business today. Some believe that a higher wage leads to higher productivity, while others argue that it does not matter how much an employer pays an employee, as long as he or she is paid fairly. Although there are many different approaches to measuring worker productivity, there are two main methods that are used:

1. Direct measurement: This is when you measure the output of your employees directly by counting how many widgets they produce each day.

2. Indirect measurement: This is when you rely on other factors to determine how much work your employees are doing. For example, if you have a budget for sales each month and your salespeople hit their targets every week, that shows that they were productive during those weeks.

Amidst these, high wages do not determine the productivity of workers at all cases. Sometimes you pay high and still have your workers being lazy , thereby reducing productivity. Aside from increased wages, I feel there are other factors that go along with this to increase productivity. It's not enough to increase pay... and relax.

 

[Mika]

Money is a great motivation factor for me. When I was new to the job market, my only focus was to get a job. Once I got the job and gained experience, I began to think about getting paid better. Therefore, I bargained into another company to get a better-paying job. Even when I started working online, my first focus was to get one job that will give me 5-star reviews. In order to get the first job I even slashed my pay rate. Once I started getting jobs and also good reviews, I hiked my asking rate. I still do low-paying job, but I will perform better in a high-paying job. For example, I get a contract to develop apps, and one job pays me $100 and another pays me $200. I will work better in a high-paying job. I think all the people here will be able to relate to me.