Labour Costs Quotes



At the time this was generally true for most businesses. However, in a modern economy, there are other ways. Increasing volume, automation, innovating products and services to get premium prices naw are standard techniques.


This is one of the classic labor-management problems. It can be solved by legislating minimum wages, having very strong labor unions, that can pressure all the employers of an industry at once, or to have industrial unions as they do in Germany.