Economics, Econometrics and Finance
a year ago

Boosting Apple's Wages by 15% Leads to Increased Productivity and Savings

Advances in Economics Management and Political Sciences
Should Apple Raise Wages? What Happens if They Immediately Raise Wages per Worker by 15%?
Tianyi Li

Paper Summary

Increasing wages at Apple by 15% can lead to higher productivity and reduced laziness among employees. This can also attract more skilled workers and improve overall firm productivity. Additionally, raising the minimum wage can lower employee turnover and production costs for the company.

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