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oWhat is the relationship between Marginal Productivity of Labour and Labour welfare
Sanghoon Ahn has written: 'Technology upgrading with learning cost' -- subject(s): Information technology, Labor productivity 'Pro-welfare politics' -- subject(s): Public welfare, Social policy, Welfare state
advantages of labour welfare
NO. The labor productivity will rise together with total output. Vice versa
You increase labor productivity through allowing incentives as bonus and medical care as well as percentage of the profit.
Labor welfare introduced concepts of things that better the employee's life that go beyond wages, For example, sick time and access to healthcare are two very important aspects of labor welfare.
specialization
When labor tasks become divided, productivity increases.
the voluntary welfare measures means employers willing share their profit for labour welfare schemes.
For the economy, it was a boost for labor productivity
there is no difference
The primary determinants of agricultural productivity would be farm size, age, the weather and labor costs. Output is also considered a determinate.