Friday, April 14, 2017

Pay and productivity

OECD urges Japan to promote labor reforms; calls wage growth 'muted'

Just wondering.
Maybe the Japanese work overtime because of poor pay. I mean, if they are productive and finish work within office hours, they actually earn less money than if they were unproductive, work overtime, and clock overtime pay doing the same work.

Maybe, just maybe, raising wages will both improve productivity and reduce overtime.

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