An employee is currently paid a wage that is significantly higher than what they could earn in an alternative job or receive from government support. Which of the following scenarios would reduce this employee's motivation to exert high effort, according to the principle that a high cost of job loss encourages diligence?
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An employee is currently paid a wage that is significantly higher than what they could earn in an alternative job or receive from government support. Which of the following scenarios would reduce this employee's motivation to exert high effort, according to the principle that a high cost of job loss encourages diligence?