Productivity theory
Productivity theory is the negotiating position that employees should share in increased profits gained by the greater productivity achieved because of their efforts.
Definitions
According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),
- Productivity theory. The negotiating position that employees should share in increased profits gained by the greater productivity achieved because of their efforts.
Related concepts
- Labor relations. The systematic study of attitudes, motivations, and behaviors which two or more job-market actors assume toward each another.