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International Socialist Review, Winter 1959

 

The Real Incentive

 

From International Socialist Review, Vol.20 No.1, Winter 1959, p.21.
Transcription & mark-up by Einde O’Callaghan for ETOL.

 

A recent study of 2,500 “wage” incentive plans in 29 industries reveals that for every 1 per cent increase in wages earned by the worker, the companies on average increased productivity by 3.1 per cent and cut unit costs 1.25 per cent.

 
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