Theory of Efficiency Wages 效率工资理论
Solow Model shows advances of Efficiency Wages theory as contrasted with traditional economic theory.
索洛模型显示效率工资理论对传统经济理论的突破。
The theory of "efficiency wages" says that firms which cannot monitor workers' efforts well should instead pay high wages to make it costlier for them to risk being sacked.
有效工资原理说的是对于无法监控员工是否工作努力的公司应该给予员工比较高的工资从而使其有较高的离职成本。
The theory of "efficiency wages" says that well-paying firms can induce staff to work harder by improving morale or by making it costlier for them to risk being sacked.
“绩效工资”理论认为：高薪公司或可以激发员工士气，或使员工冒解雇之风险而投机牺牲代价变的更高，从而促使员工更努力工作。
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