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DETERMINANTS OF EFFICIENCY OF LABOUR — Economics Keypoint

DETERMINANTS OF EFFICIENCY OF LABOUR

  1. Better conditions of service – i.e. retirement benefits (pensions), car loan, housing and transportation allowances.
  2. Attitudes of workers to work.
  3. Education and training – i.e. in-service training to improve labour efficiency.
  4. Enjoyment of social services – i.e. clinics, canteens, staff buses, staff schools, and recreational centres.

5. Working condition and efficiency of other factors of production.

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