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Workers' Compensation: Growing Along with Productivity | The Heritage Foundation

Toggle open close Increasing living standards depends on increasing worker productivity. Competition causes firms to tie wages closely to employees’ productivity. Since 1973, the average private-sector employee’s productivity has increased by 81 percent, while their average compensation has increased by 78 percent. Some analysts have produced charts purporting to show that productivity has grown sharply while pay has remained nearly flat. These charts contain many methodological errors. The...
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