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Butler and Park present analysis of the impact of various HRM practices on firms’ workers’ compensation costs; specifically, which practices lower firms’ workers’ compensation costs and whether the impact is the result of changes in technical efficiency or comes through induced changes...
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. Economists, on the other hand, view pension programs as a way to increase workplace productivity. Dorsey, Cornwell and Macpherson … on the productivity theory of pensions. …
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related to profit sharing: 1) The Productivity Theory, and 2) the Stability Theory. …
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