Sentences with phrase «lower wage cost»

This really leaves only one option open to businesses: Find a country that has much lower tax rates and regulations, combined with a lower wage cost.
Labour - intensive manufacturers that could automate did so, and firms that could not moved their operations to countries with much lower wage costs.

Not exact matches

The remaining enterprises that rely on low - wage work will see improved productivity, less absenteeism and turnover, reducing recruitment and training costs.
Because many companies employing low - wage workers face too much competition to pass the increased labor cost on to customers, a higher minimum wage would mean lower small business profits or costly investment in labor saving equipment.
(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)
That makes the cost of earning the non-owner's wage much lower.
Colorado's lowest - in - the - nation unemployment is creating worker shortages, driving up wage costs and may be inhibiting hiring.
A Treasury spokesman told the BBC: «We are taking action to support families with the costs of living by cutting taxes for millions of working people, doubling free childcare for nearly 400,000 working parents and introducing the National Living Wage - a significant pay rise for the lowest earners.»
Business owners might be tempted to try to minimize costs by using lower - wage employees — by locating support staff in a low - cost state, for example.
«Essentially that wage compression at the upper level of the hourly associate is going to help absorb that cost of the wage increase at the lower level,» said the manager, who spoke on condition of anonymity.
Narrowing wage differentials, lower energy and logistical costs, and political stability are just some of the factors that investors should consider.
But the sunk costs of training some one is low compared to their lifetime wage costs.
Wage and benefit increases of 15 to 20 percent per year at the average Chinese factory will slash China's labor - cost advantage over low - cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
The slowdown in job growth and the absence of any significant wage pressure could strengthen the arguments of those who see little risk in keeping borrowing costs exceptionally low and waiting not just for more encouraging data but also for unruly markets to settle down.
Southwestern Ontario certainly does not have a competitive advantage in wage costs for low - skilled labour, as manufacturers from China to Mexico can always significantly undercut the region.
McDonald's and low - wage employers everywhere are making billions of dollars in profit and pushing off costs onto taxpayers, while leaving people like us — the people who do the real work — struggling to survive.
And when creditors turned their economic gains from this process into political power to shift the tax burden onto wage earners and industry, this raised the cost of living and doing business — by more than technology was able to lower prices.
These include: developing prenatal care for expectant mothers, providing low - cost housing for the elderly, forming political coalitions with Hispanics, Asians, and Caucasians, waging war against drug traffic, and conducting a Job Information Center for all unemployed persons.
Similarly, sick days, 80 percent of low - wage workers can't earn a single paid sick day, but we know that the cost of «presentism» is greater to businesses than of having sick days, so I expect that to pass in the next 10 years.
Parents who work in low - wage jobs can face real difficulties affording quality child care — in 2013, the average cost of full - time care for an infant at a child care center was about $ 10,000 per year — higher than the average cost of in - state tuition at a public 4 - year college - and much higher in some locations.
The cause that prompted him to speak at the Cambridge Union and at other universities, for example, was the campaign for the Living Wage, a wage meant to cover the costs of life that the current minimum wage does not and one which the Cambridge newspaper «Varsity» recently revealed was not being extended to large numbers of low - earning workers within our multi-billion pound UniversWage, a wage meant to cover the costs of life that the current minimum wage does not and one which the Cambridge newspaper «Varsity» recently revealed was not being extended to large numbers of low - earning workers within our multi-billion pound Universwage meant to cover the costs of life that the current minimum wage does not and one which the Cambridge newspaper «Varsity» recently revealed was not being extended to large numbers of low - earning workers within our multi-billion pound Universwage does not and one which the Cambridge newspaper «Varsity» recently revealed was not being extended to large numbers of low - earning workers within our multi-billion pound University.
«The government's rebranding of the minimum wage to the national living wage hasn't dealt with the real problems of low pay and rising cost of living,» said Corbyn.
The savings come from reduced costs for public assistance to low - wage workers — in effect a taxpayer subsidy to large low - wage employers — and increased tax payments by workers benefiting from the wage hike.
It will drive employers with part - time and / or lower - income employees to significantly modify their scheduling practices, at a time when they are also absorbing the costs of an increased minimum wage and dealing with the complexity of the new paid family leave act.»
On the extension of 421a, McDonald predicted a deal «based on thresholds of projects that are subject to prevailing wage» that will be aimed at «allowing for low cost projects to continue with out PW.»
They say the studies were done when states were offering the same basic low - wage rate, providing little comparison shopping for workers looking for higher pay and employers looking to reduce costs.
In New York, business leaders opposing the wage increase said it would cost jobs in low - wage industries and accelerate automation, especially in fast - food restaurants.
Even as Republican lawmakers try to tie eliminating the state's prevailing wage to lowered costs for road projects, the top transportation official says he is skeptical about the hoped - for savings.
Address the state's scandalous disregard of low - wage human services employees of not - for - profit agencies under state contract who received a cost - of - living increase this year after enduring years without one.
Under Republican leadership, this Legislature has continuously underfunded our public schools, focused on creating low wage jobs that leave working families in a cycle of poverty, and given away millions of taxpayer dollars to insurance companies while health insurance costs for working families skyrocket.»
Hawkins said Cuomo's fundraising is why he has favored corporate interests over the needs of workers, attacking teachers and unions, impeding efforts to make the minimum wage a living wage, and largely ignoring wage theft which costs low - income workers in NYC alone an estimated billion dollars a year.
Hawkins also said he would take action to crack down on the epidemic of wage theft in the state, which is estimated to cost low - income workers just in NYC more than a billion dollars annually.
Hawkins has called on a crackdown on employers who engage in wage theft, which cost low - income workers in New York more than a billion dollars a years.
This means in 2011, at the point in the electoral cycle when costs should have been at their lowest, Labour was employing 67 more staff than the Tories had had to fight the general election and spending # 1.4 m more on its wage bill.
The wage increase for the lowest - paid state workers will cost New York roughly $ 20.6 million a year, including the anticipated effect of fringe benefits, when its fully phased in on July 1, 2021, according to the governor's office.
«As a «one - stop shop» for employment resources, employment service agencies could raise awareness of tobacco - related costs, wage losses, health harms and associations with lower reemployment success and serve as a connector to low - cost cessation services such as state quit - lines,» the authors conclude.
But, preparing students for high cost college educations or low wage «careers» brings with is a host of issues and problems so great schools can not them tackle alone.
The standard neo-classical model of wage setting predicts short - term effects of temporary labor market shocks on careers and low costs of recessions for both more and less advantaged workers.
Webberville Community Schools labor costs will be calculated based on the hourly wage of the lowest paid employee capable of retrieving the information necessary to comply with the request.
This makes the race to seek educational quality in New Orleans, a daunting one, particularly when your income determines your eligibility for resources in a city with rising costs of living and low wage employment.
Quite frankly, I make more than many Trad published and I turned DOWN the trad offers because it would slow down the process of writing, interfere with my contact with the fans, cost me money and essentially make me a low paid wage slave for the «honor» of having someone else utterly control my work.
If we assume that the lowest price point is the «market value» of an ebook and we assume that writers must be paid at least minimum wage for every hour they spent laboring, the cost of an ebook and the market value are far apart.
In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.
The costs of a college education being so high, combined with the lower wage jobs (or stagnant wage jobs that are available), will rightfully weigh down spending on gee - gawgs and doo - dads of any nature.
One might argue that wage gains and lower tax brackets offset some of the concerns associated with higher borrowing costs.
A lower housing cost is related to an overall lower minimum wage.
All this enables low - wage earners and folks with tight budgets to invest $ 10 or $ 25 or another nominal amount on a regular basis without worrying about the impact of trading costs.
The lower rung wage earners earn an amount closer to their actual costs than higher earners.
In Arizona, the median wage is $ 23,560 as of May 2012; however, Arizona's generally lower cost of living makes this wage competitive with most other state wage levels.
A public / private task force that would encompass all those involved in animal care and control could wage an aggressive and unified fund - raising campaign designed to provide very low - cost sterilization of dogs and cats countywide.
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