Minimizing turnover:By paying efficiency wages, the employees'incentive to quit and seek jobs elsewhere is minimized.This strategy makes sense because it is often expensive to train replacement workers. Avoiding Adverse selection:If job performance depends on workers'ability and workers differ from each other in those terms,firms with higher wages will attract more able job- seekers.An efficiency wage means that the employer can pick and choose among applicants to get the best possible.◼ Minimizing turnover: By paying efficiency wages, the employees' incentive to quit and seek jobs elsewhere is minimized. This strategy makes sense because it is often expensive to train replacement workers. ◼ Avoiding Adverse selection: If job performance depends on workers' ability and workers differ from each other in those terms, firms with higher wages will attract more able job￾seekers. An efficiency wage means that the employer can pick and choose among applicants to get the best possible