productivity wages

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• productivity deal — noun An agreement whereby employees receive increased wages or salaries if they agree to improve their efficiency and increase their output • • • Main Entry: ↑produce …   Useful english dictionary

• productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …   Universalium

• productivity agreement — An agreement between an employer and a union in which an increase in wages is given for a measured increase in productivity To arrive at such an agreement, productivity bargaining is needed to reach a compromise between the increase in wages… …   Big dictionary of business and management

• Productivity And Costs — An economic data set that measures future inflationary trends with two indicators. Productivity is the indicator that measures labor efficiency in producing goods and services in the U.S. economy. Costs is the indicator that measures the unit… …   Investment dictionary

• productivity bargaining — /prɒdʌkˈtɪvəti bagənɪŋ/ (say produk tivuhtee bahguhning) noun a negotiation between employers and employees in which the employees agree to certain changes in work practices, thus resulting in increased productivity, in exchange for better wages …  

• productivity — /prɒdʌkˈtɪvəti/ (say produk tivuhtee) noun a measure of efficiency of production which implies comparison of input in such terms as capital invested, wages paid, numbers employed, etc., with output …  

• Efficiency wages — In labor economics, the efficiency wage hypothesis argues that wages, at least in some markets, are determined by more than simply supply and demand. Specifically, it points to the incentive for managers to pay their employees more than the… …   Wikipedia

• Agricultural productivity — Food production per capita (1961 2005) …   Wikipedia

• Marginal revenue productivity theory of wages — The marginal revenue productivity theory of wages, also referred to as the marginal revenue product of labor and the value of the marginal product or VMPL, is the change in total revenue earned by a firm that results from employing one more unit… …   Wikipedia

• List of minimum wages by country — The list below gives the official minimum wage rates in 197 countries and territories: 192 United Nations member states (does not include South Sudan, which gained independence in July 2011), plus the Republic of China (Taiwan), Northern Cyprus,… …   Wikipedia

• Dual-sector model — This article is about the economic model. For the diagram representing atomic bonding, see Lewis structure. Sir W. Arthur Lewis Sir William Arthur Lewis, official Nobel Prize photo …   Wikipedia