Higher wages for UK's lowest paid improve productivity
Thursday, May 26, 2016 - 10:20
in Mathematics & Economics
Employees work harder and more cohesively if they feel they and their colleagues are paid a wage which reflects their skill and effort, new research has found. Data from more than 360,000 UK firms following the introduction of the National Minimum Wage showed 'statistically significant' increase in productivity in Britain's low-paying employment sectors.