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From course:

Economics A Level (DONEEEEEEE)

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Question:

What are Non-Pecuniary Benefits? Why can they be quite Important for Firms?

Author: eric_galvao



Answer:

-This is the Welfare that Workers gain from the Non-Wage Benefits of a Job. This can be of the following: -Flexible Working Hours -Employee Discounts -Generous Holiday Allowance -Good Job Location - Home Working? -Training Available -Opportunities for Promotion -Job Security -Perks of the Job - Company Car -Non-Pecuniary Benefits allow more Workers to Supply more Labour at the Given Wage Rate. So they Shift the Curve to the Right


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