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Quality of Work Life Programs May Increase Employee Retention, but They

question 109

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Quality of work life programs may increase employee retention, but they have been unable to improve organizational productivity.


Definitions:

Inflation

An increase in the general level of prices of products in an economy over a period of time.

Federal Commerce Commission

Likely referring to the Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and promoting competition.

Consumer Protection

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices by businesses.

Income Distribution

The way in which a nation’s total GDP is distributed amongst its population, affecting economic inequality.

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