Practise Cambridge IGCSE Economics by analysing non-wage job-choice factors, formal employment and labour-supply policies.
Lanzarote, a Spanish island, was once an area with very high rates of poverty. However, the rise of tourism has greatly reduced unemployment. The government is trying to attract more workers to the island by using non-wage factors. Lanzarote's low taxes also attract workers to the island. Mobility of labour in the island's economy has also increased.
Identify two non-wage factors that may influence a worker's job choice.
Identify two non-wage factors that may influence a worker's job choice.
Two from:
- job security
- fringe benefits
- recognition at work
- company car
- holidays
- working hours
- flexibility / ability to work from home
- location of workplace
- available transport
- nearness to family
2
Accept any relevant non-wage factors.
If more than two non-wage factors are given, consider the first three.