Instead of Taking a Smoke Break Every Two Hours, Employees

question 105

True/False

Instead of taking a smoke break every two hours, employees at a local company were asked to take an extra 30 minutes for lunch. This is an example of behavioral substitution.

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Definitions:

Compensating Differential

Additional wages or benefits offered to employees to offset unpleasant aspects of a job or workplace conditions.

Nonmonetary Characteristics

Features or attributes of goods, services, or job positions that do not have a direct monetary value or financial aspect.

Labor Markets

Economic platforms where workers find paying work, employers find willing workers, and wage rates are determined.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate, in a given time period.