Low wages give an organization a cost advantage and help ensure that an organization is going to be able to recruit, select, and retain high performers.

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High wages help ensure that an organization is going to be able to recruit, select, and retain high performers, but high wages also raise costs. Low wages give an organization a cost advantage but may undermine the organization's ability to select and recruit high performers and to motivate current employees to perform at a high level.

Low Wages Give an Organization a Cost Advantage and Help