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.
The Olympic Games教案6
湖南省株洲市2016-2017学年高二英语上册12月月考试题
湖北省武汉2016-2017学年高二英语上册12月月考试题
七年级英语上学期单元综合测试题30
七年级英语上学期单元综合测试题34
江西省九江2016-2017学年高二英语上册12月月考试题
河北省唐山市2016-2017学年高二英语上册12月月考试题
七年级英语上学期单元综合测试题35
陕西省2016-2017学年高二英语上册12月月考试题
Cultural relics教案24
The Olympic Games课件2
Cultural relics教案6
Cultural relics教案22
七年级英语上学期单元综合测试题6
七年级英语上学期单元综合测试题5
江苏省扬州中学2016-2017学年高二英语上册12月月考试题
Cultural relics教案2
广西钦州市高新区2016-2017学年高二英语上册12月月考试题
河北省秦皇岛市2016-2017学年高二英语上册12月月考试题2
重庆市合川大石中学2016-2017学年高二英语上册12月月考试题
七年级英语上学期单元综合测试题33
Cultural relics教案9
Cultural relics教案7
七年级英语上学期单元综合测试题36
河北省秦皇岛市2016-2017学年高二英语上册12月月考试题1
Cultural relics教案3
黑龙江省哈尔滨市2016-2017学年高二英语上册期末考试题
湖北省应城市2016-2017学年高二英语上册12月月考试题
Cultural relics教案21
江苏省南通中学2016-2017学年高二英语上册12月月考试题
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