According to the productivity theory, ________.
A) newly hired workers should be paid less than current employees performing the same or similar jobs
B) wage increases provided to the workers should be based on the changes in the consumer price index (CPI)
C) employees should be paid a fixed hourly rate of pay irrespective of their productivity
D) employees should share in increased profits achieved because of their efforts

Question

Quizplus · Accepted Answer

The productivity theory suggests that employees should share in the increased profits achieved because of their efforts. Therefore, option D is the correct answer. Option A is incorrect as it goes against the principle of paying workers according to their productivity. Option B is also incorrect as CPI is used to measure inflation and not productivity. Option C is not a fair way to compensate workers based on their productivity.

According to the Productivity Theory, ________