Many efforts are made by business people to get maximum profit, one of which is by reducing the cost of wages or employee salaries, they generally only provide a minimum wage in accordance with regional regulations, this will make workers lazy to do their jobs, and results in lower productivity, what do you think.
Is it true that low wages mean low productivity?
- Thread starter Suba
- Start date
Not really. But there could be a relationship between wages and productivity.
A person who's already productive will much more productive if properly numerated, but there is very little one can do motivate an innate lazy worker.
To some extent yes, though there would still be some workers who would want to put in their best. But definitely low wages would definitely hinder productivity. No worker would to work more than what they are being paid for.
In my country, reverse is the case. Low wages means the highest productivity. It gets worse in a capitalist system where a boss is constantly exploiting the staff.
Yes, I am from Nigeria. My assertion is on the side of the employer. The employer offers low wages to the most productive staff. Welcome to the irony of being a Nigerian.
In my opinion, paying only the minimum wage does have a negative impact on the worker's productivity. Other than monetary reward, workers have a sense of achievement if they are getting a good wage.
Low wages demotivatea your employees and reduces the commitment level they have when working for you. Check it out. Any organization that the wages are low, you would see pilfering and other malicious activities among staff.
There is a correlation between wages and productivity. A well paid worker will like to deliver so that he will retain his position. A poorly paid worker will work with nonchalant attitude because his is poorly paid. He can afford to lose the job and get an equal alternative.
Low wages doesn't mean there's decrease in productivity, I means yes to some extent the decrease in production means there's also a decrease in profit and at such there's low wages on salaries.
Low wages symbolises low production in all ramifications.
in some case, maybe its true but for another case for business owner, theres always a reason why they only pay minimum wages, because there are a lot of people who still need that job even they get minimum wages, sad but true
