21. According to the statement, in order to ensure high productivity, companies
should base their employees salaries and job security solely on job performance, and
not on length of service to the company. I agree that salary increases and job security
are powerful incentives to high achievement and should generally go to those who do
the best work. However, to ensure employee productivity, companies must also reward
tenured employees with cost-of-living raises―though not with job security.
On the one hand, rewarding average job performance with large pay increases or
promises of job security is a waste of resources―for two reasons. First, complacent
employees will see no reason to become more productive. Secondly, those normally
inclined to high achievement may decide the effort isnt worthwhile when mediocre
efforts are amply compensated. Companies should, therefore, adjust their pay schedules
so that the largest salaries go to the most productive employees.
On the other hand, employees who perform their jobs satisfactorily should be
given regular, though small, service-based pay increases―also for two reasons. First,
the cost of living is steadily rising, so on the principle of fair compensation alone, it is
unjust to condemn loyal employees to de facto salary reductions by refusing them cost-
of-living raises. Secondly, failure to adjust salaries to reflect the cost of living may be
counterproductive for the firm, which will have difficulty attracting and retaining good
employees without such a policy.
In the final analysis, the statement correctly identifies job performance as the
single best criterion for salary and job security. However, the statement goes too far; it
ignores the fact that a cost-of-living salary increase for tenured employees not only
enhances loyalty and, in the end, productivity, but also is required by fairness.
2013外研版(一起)四上《Unit 2 He invented this bicycle in 1839》ppt课件
2013外研版(一起)四上《Unit 1 She didn’t walk to school yesterday》ppt课件1
外研版英语四上《Module 1 Numbers》(Unit 1)ppt课件之二
2013外研版(一起)四上《Unit 1 What did she play》ppt课件
2013外研版(一起)四上《Unit 1 What did she play》ppt课件3
2013外研版(一起)四上《Unit 1 What did she play》ppt课件1
2013外研版(一起)四上《Unit 1 I helped my mum》ppt课件1
外研版英语四上《Module 4 In the Park》(Unit 1)ppt课件
2013外研版(一起)四上《Unit 2 He invented this bicycle in 1839》ppt课件1
2013外研版(一起)四上《Unit 1 Did you break your toy》ppt课件2
外研版英语四上《Module 1 Numbers》(Unit 3)flash课件
2013外研版(一起)四上《Unit 1 Lucy lives in London》ppt课件1
2014秋外研版(一起)四上Module 3《Unit 2 I didn’t play football》ppt课件2
外研版英语四上《Module 3 Activities》(Unit 2)ppt课件之一
外研版英语四上《Module 3 Activities》(Unit 2)ppt课件
2013外研版(一起)四上《Unit 1 Did you break your toy》ppt课件1
2013外研版(一起)四上《Unit 1 I’ve got a stomach》ppt课件
2013外研版(一起)四上《Unit 1 What happened to you》ppt课件1
2013外研版(一起)四上《Unit 1 It didn’t make gold》ppt课件
2013外研版(一起)四上《Unit 2 Amy painted a picture》ppt课件2
2013外研版(一起)四上《Unit 1 She didn’t walk to school yesterday》ppt课件
2013外研版(一起)四上《Unit 1 I helped my mum》ppt课件2
2013外研版(一起)四上《Unit 1 We went to the Great Wall》ppt课件
外研版英语四上《Module 7 Travel》(Unit 1)ppt课件
2013外研版(一起)四上《Unit 1 She didn’t walk to school yesterday》ppt课件2
2013外研版(一起)四上《Unit 1 It didn’t make gold》ppt课件1
2014秋外研版(一起)四上Module 3《Unit 1 She didn’t walk to school yesterday》ppt课件3
2013外研版(一起)四上《Unit 2 He didn’t come back》ppt课件
外研版英语四上《Module 1 Numbers》(Unit 1)ppt课件之一
2014秋外研版(一起)四上Module 4《Unit 1 Chinese people invented paper》ppt课件1