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ii. is it the Risk and Injury or the Income and Non-wage Amenities model that is...

ii. is it the Risk and Injury or the Income and Non-wage Amenities model that is more relevant in modern and contemporary societies? [7 marks]

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Answer #1

Answer - As part of the modern society , the income and the non wage incentives have become the major part . The society is deeply affected by these two factors. The non wage incentives include the social security contributions , retirement benefits , medicare insurance etc are the factors which in addition to the work linked income are influencing the societies. This is because these factors affect greatly the present living and also the life after the job. Hence these are getting more significant.

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