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MAX Computers manufactures affordable laptops, desktops, and tablets at its factory in Arizona. MAX has experienced a moderate amount of financial success, but upper management wants the firm to grow at a faster rate and become a bigger player in the highly competitive computer market. The firm's greatest problems relate to its employees. Employee turnover is high-most employees at MAX leave within two years or less of being hired. In addition, the rate of productivity among employees is not as high as executives would like. The vice president of human resources is considering moving MAX towards a high-performance work system. Which of the following best supports the argument that MAX should move towards a high-performance work system?
Labour Costs
The total expenses associated with employing labor, including wages, benefits, payroll taxes, and other related costs.
Differential Piece Rate
A compensation rate under which employees whose production exceeds the standard amount of output receive a higher rate for all of their work than the rate paid to those who do not exceed the standard amount
Production Exceeds
The scenario where the output or manufacturing volume surpasses the expected or planned thresholds.
Standard Level
A predefined benchmark or norm that establishes expected performance, quality, or outcomes within an organization or industry.
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