what is the meaning of productivity linked wage incentives ? And its examples?
it is a system which establishes closer link between wages and productivity so as to enhance competitiveness.
it also ensures that wage increases commensurate with higher productivity increases. example: party , bonuses,health care plans,days off , etc.
it also ensures that wage increases commensurate with higher productivity increases. example: party , bonuses,health care plans,days off , etc.