> employee is just there to make sure everything is working correctly
this employee is going to require more skill than the original box stacking employee.
The savings to the company is in the form of a lower number of employees, making the total cost lower. AKA, one maintenance engineer, replacing 10 manual stacking employees.
In this case, productivity per employee grows, and it required capital investment, both in the form of machines from the business, but also from society in the form of education (presumably, the maintenance engineer needs to understand how the machines work to make sure it works correctly). The business doesn't really pay the education cost directly.
this employee is going to require more skill than the original box stacking employee.
The savings to the company is in the form of a lower number of employees, making the total cost lower. AKA, one maintenance engineer, replacing 10 manual stacking employees.
In this case, productivity per employee grows, and it required capital investment, both in the form of machines from the business, but also from society in the form of education (presumably, the maintenance engineer needs to understand how the machines work to make sure it works correctly). The business doesn't really pay the education cost directly.