The non-wage job features that an employer could alter in response to a higher minimum wage include
A)the supply of labor
B)the quantity of labor supplied
C)on-the-job training and vacation days
D)barriers to entry
E)Social Security taxes

Question

Quizplus · Accepted Answer

Non-wage job features refer to benefits, such as on-the-job training and vacation days, that an employer offers to attract and retain employees. In response to a higher minimum wage, an employer may choose to alter these non-wage job features to offset the increased labor costs. For example, an employer may offer less on-the-job training or fewer vacation days to employees to offset the cost of paying higher wages. This can affect the value of the job and employee satisfaction, impacting the quantity and quality of labor supplied.

The Non-Wage Job Features That an Employer Could Alter in Response