Paying efficiency wages tends to increase worker turnover because workers can get continually higher wages if they change employer often.

Name: Paying efficiency wages tends to increase worker turnover because workers can get continually higher wages if they change employer often.
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Question

Quizplus · Accepted Answer

Paying efficiency wages incentivizes workers to stay with their current employer, as they are being paid higher wages than they would receive at other companies. This can actually decrease worker turnover.

Paying Efficiency Wages Tends to Increase Worker Turnover Because Workers