This means happy people and better work. Also, by paying a high wage those who are less qualified will be applying as well, so the selectivity in recruiting must be even greater. Incentive Pay- Believe it or not all people are motivated by money. Some like recognition, security, and fair treatment. This means that they get paid for only the good pieces they produced.
Workers correct quality problems on their OWN time.
This will make the employees concentrate and produce quality products. I stated earlier the idea of Mr. Davis. If the employees own part of the firm then there is less conflict. Plus, if an employee decided to take advantage of the firm they would not only be hurting themselves, but also others invested in the company. One way to gain the competitive advantage would be if all employees had access to all information.