labour costs

Lenovo said the cuts would save the company $250m a year in labour costs.

In its statement, Foxconn International did not refer to rising labour costs as a reason for the profit warning.

Even when BCG first expounded the relationship, it had been known since the second world war that it applied to direct labour costs.

"Although labour costs are a substantial part of any hospital budget, the interactions themselves add nothing, " the authors say.

This was the result of both faster growth in average labour costs and slower growth in productivity.

Strapping and taping can be up to 50% more expensive in terms of material and labour costs.

Even tourism grew less than it ought to have done, while unit labour costs rose by 40 per cent during the 2000s.

He said labour costs were going up partly because they had been suppressed for so long.

"Some of our vendors are moving further into China in order to obviate the higher labour costs, " he said.

The company has to reduce labour costs. In other words, some of us are going to lose our jobs.

It therefore became essential to make labour costs variable, and bonuses were the mechanism used to do this.

From the capital investment and labour costs in terms of evaluation, if you also operate in this mode, a tray processing plant will be in.

Declining real wages and a modest upswing in productivity have together produced a sustained drop in unit labour costs.

Even for labour-intensive industries, labour costs can be a small fraction of the whole.

Both companies were in talks yesterday with the United Auto Workers' union on securing cuts in labour costs.

"A while back, America was making wonderful cars and wonderful products. Then labour costs got higher and higher, " Murtalha Ibrahim says.

It did not refer to labour costs or discuss how many robots would be involved.

The plan was to reduce labour costs by cutting employers' social-security contributions.

Inflation had picked up and unit labour costs (ie, pay adjusted for productivity) rose sharply relative to Ireland's main trading partners.

It uses a more labour-intensive production system than the Japanese firms it competes with to take advantage of low labour costs.

If capacity persists across an economy, interest rates can be kept low with little fear of rising production and labour costs.

But rising labour costs are only part of a more complicated story.

He points out that India's cities command some of the highest real estate prices in the world but labour costs are among the lowest.

with low labour costs, but suffers from capital constraint and relatively under-developed scientific and technological development.

because many countries with low labour costs can produce clothing more cheaply than the british can.

China's edge in labour costs is less clear-cut than it used to be.

It is indeed difficult to persuade Germans, who got their labour costs down, to pay for countries such as Portugal, who did not.

So far, rising labour costs are not affecting the region's overall attraction.

Labour costs have surged by 20% a year for the past four years, he grumbles.

In every society the price of products must exceed labour costs by varying amounts to provide a margin for investment, taxes and much else.

Many firms that survived moved north, to parts of the country where labour costs less.

Mr Guilloux argued Asian houses benefited from lower labour costs particularly for administrative and back-office functions.

In the past few years, low labour costs make many US companies are giving up your production plant for transfer to other parts of the world.

Through your financial due diligence process, you know the labour costs are low but you don't know what kind of labour they use.

In Ireland, labour costs have fallen for two years and inflation has been negative for more than one.

What killed his plant was the effect of higher labour costs on suppliers, who one by one moved to Asia.

The supers have not pushed up the savings rate, but nor have they increased unit labour costs.

Employers have the upper hand and can keep down labour costs, but at a price to Thailand's competitiveness.

At the same time, labour costs along with the rest of the policy in place, there had been significant step by step.

Unlike manufacturing jobs, natural resource industries aren't susceptible to offshoring when labour costs soar.

Because freshness is vital to high-quality food, jobs at food-processing firms cannot easily be shifted to wherever labour costs are lowest.

But unlike other troubled euro-zone countries, Ireland is regaining competitiveness by reducing unit labour costs.

The power supply is unreliable, corruption is rife and labour costs, relative to workers' productivity, are quite high.

As these jobs moved to other Asian countries with lower labour costs, China will have to develop more higher-paid and more added-value jobs.

Manufacturing accounts for about a fifth of eastern GDP, not far off western levels, and unit labour costs are lower.

Expressed in growth rates unit labour costs are roughly equal to growth in wages minus the growth in labour productivity, per widget.

If recent years were a period of 'low inflation' fuelled by low labour costs, what would 'normal' inflation rates look like?

Germany and the Netherlands have cut labour costs and introduced enough reforms to make their economies more competitive.

Italy and Spain have seen sharp rises in unit labour costs and their labour-productivity growth has stalled or gone into reverse.

Unit labour costs are the best estimate of staffing costs faced by firms.

In southern China, for instance, a shortage of workers and new legislation raised labour costs, so production moved north.

Their labour costs are higher than America's and will remain so unless the euro falls sharply against the yuan.

With German unit labour costs stagnant and the euro still strong, labour costs in peripheral European countries must fall sharply.

In a currency union, with devaluation ruled out, there are only two ways of reducing unit labour costs relative to those of other members.

Indian IT companies are desperate to escape their tag as "body shops" whose main competitive advantage is low labour costs.

Labour costs are rising fast in China and India and it is no longer always clear that the great lurch east makes financial sense.

The competitiveness of Chinese exports is fundamentally grounded in low labour costs and open trade regimes.

When labour costs in Taiwan started to rise, many IT manufacturers in Taiwan brought in foreign workers from south-east Asia.

The biggest threat for companies is that unit labour costs are growing faster than 5% a year.

This is largely due to a steady rise in unit labour costs, as wage increases outstripped productivity growth (see chart).

Measured by unit labour costs, peripheral countries lost an alarming amount of competitiveness relative to Germany (see chart 2).

Thanks to cheap labour costs, China exported deflation to the rest of the world.

We work with factories to offset high labour costs through improved efficiency and lean manufacturing.

Germany is the world's largest goods exporter after China despite high labour costs and a strongish euro.

The cotton industry has carried on travelling: its technology moves easily to wherever labour costs are low.

In varying degrees all three lost competitiveness, as measured by unit labour costs compared with Germany's.

Unit labour costs have fallen at an annualised 2% rate, the steepest cumulative decline since the 1950s.

Higher energy prices may temporarily push up inflation, but with labour costs so low, this one-off rise cannot last.

But calculating that would require timely estimates of unit labour costs for all of China's trading partners. That is a bit too laborious.

Automation, which reduces labour costs, will be essential to compensate for declining volumes.

American unit labour costs leapt in the same quarter, by an annualised 6. 6%.

Manual sorting is expensive in the rich world, which is why recyclables are often shipped to places with low labour costs.

Even though warranty might free car owners from the replacement cost, it seldom offers free labour costs.

All across China's coastal cities, plant operators complain about their rising labour costs.

The costs of harvesting containers and the labour costs of apple picking and transport were also considered.

High labour costs, weak growth in recent years and cultural barriers also help to explain the low FDI levels.

Slack in labour markets from rising unemployment will control labour costs and wage growth.

I certainly don't accept that differences in unit labour costs guarantees trade imbalances.

The virtuous circle of low labour costs, foreign investment and export-led growth is outdated too.

To get there, nominal wages have shrunk enough to bring unit labour costs down by 7 per cent this year.

The other half was Chinese productivity. Chinese labour costs tripled in the decade after 1995, but output per worker quintupled.

And, as labour costs rise at home, Chinese manufacturers may look at Africa with new interest, as a base for production.

The first wave came because of low labour costs. Membership of the EU attracted the next influx.

Labour costs rose and factory orders hit an six-year low, with orders for big-ticket items falling.

On the contrary, its unit labour costs have collapsed, relative to Germany's (see chart).

Labour costs are rising much faster than in the developed world, forcing some Chinese firms to close down.

But the competition boosted rents and labour costs, forcing a wave of reverse migration.

Unit labour costs in manufacturing, which soared inthe early 1990s, are now back to around where they were atreunification (see chart 4).

CX: Exactly, but cheap land and low labour costs will result in many poor quality works.

and labour costs and increased returns respectively.

Nor can it occur through depressionary deflation, or structural reforms that take too long to reduce labour costs.

China's export machine has been slowing as labour costs rise, forcing many makers of cheap goods to shut down.

Textile companies, particularly sensitive to labour costs, have led the way.

Yet unit labour costs and expectations are far better under control than then.

Environmental awareness logistics costs, and rising labour costs will also have an impact.

Prepare weekly forecast of revenues, covers and labour costs.

They must find ways of cutting labour costs and boosting productivity.

Recent studies suggest that German firms have cut labour costs by as much as 70% by shifting production of some components abroad.

5, Merged companies can usually increase short-term profits by cutting their combined labour costs.

This shows up most clearly when comparing movements in unit labour costs.

personnel are not easily, staff turnover, high labour costs.

Facing growing labour costs, Mr Gou in 1988 became one of the first Taiwanese entrepreneurs to set up shop in China.

If the dollar falls, so do his earnings, but his labour costs are unchanged.

The project manager will want to get involved in purchasing, quoting, reconciling invoices, timesheets, labour costs, etc.

But high labour costs may in the end prove to be Spain's undoing.

Labour costs were higher than in Asia, but location trumped cost advantage.

Since then it is largely because China's unit labour costs have grown much faster than America's.

In order to reduce labour costs, even using disabled workers, as well as reduce costs and get welfare enterprises.

When the Plain Dealer first said this year it needed to reduce its labour costs by $5m, the newsroom was furious.

With R& D labour costs only 20-50 per cent of those in the west, the numbers employed are greater than in the US, EU or Japan.

In addition, much manufacturing activity has been transferred to economies with cheaper labour costs.

The labour costs in question are still relatively light.

As their own labour costs rise, the Chinese, among others, may eventually see advantages in moving some manufacturing to Africa.

Please describe the direct labour costs per minute.

Peal wrote and told Caddy that the price of apple and labour costs in China had risen dramatically after signing the sale contract.

Goldman and Morgan Stanley have already pledged to trim $1bn each in non-labour costs.

Chinese labour costs tripled in the decade after 1995, but output per worker quintupled.

Chinese firms, with their lower labour costs, are pushing into the market.

"Labour costs are lower here, " says Li Weimin, a manager at the Huajian plant.

Prices of non- tradeables will rise relative to those of tradeables, because their relative unit labour costs will be increasing.

That companies that went to China and elsewhere in Asia for the low costs are facing rising energy and labour costs.

Without the pain of bankruptcy to force change, it is left with the highest labour costs and pension obligations.

Unit labour costs have risen more often than not in the past five years.

Labour costs have risen faster in other new EU members too.

The new machine reduced labour costs to almost nil .

unit labour costs have fallen sharply.

From 1990 through to the end of 1998, euro-south unit labour costs and prices rose faster than in the north.

Labour costs are crippling: pension and health-care costs have risen 42% in the past five years, according to the Manhattan Institute.

This premium cheap, low labour costs, the Government provides tax policy.

In other words, unit labour costs fell.

This is partly because of rising labour costs elsewhere, and partly thanks to a rule change by the European Union.

But he points out that Tempo makes all its parts in China "because labour costs here [in Michigan] are still higher" .

At the same time cheaper competitors in the region are forcing Japanese exporters to cut labour costs.

Until 2007, GM's labour costs were far higher than the transplants' (see chart).

Typically, job cuts are good for shareholders because they reduce labour costs and improve efficiency.

Unit labour costs in the zone rose by 14% between 1999 and 2007, according to a recent article in the ECB's Monthly Bulletin.

There are no official statistics on China's unit labour costs.

Flexible wages and prices have helped the economy stabilise: unit labour costs fell by 7. 5% in the final quarter of 2009.

Cheaper labour costs are also encouraging foreign direct investment, which was up a quarter in 2007.

That will drive jobs to countries with lower labour costs, such as Vietnam or Indonesia.

Some economists emphasise structural factors such as labour costs.

Two weeks ago, we unveiled a measure of the Chinese real exchange rate based on unit labour costs.

At any rate, central bankers in Australia will be keeping a close eye on the development of labour costs.

Moreover, unit labour costs rose 4. 9 per cent, year-on-year, in the second quarter of 2007, as productivity growth slowed.

Compared with developed markets, labour costs in China are still low.

Rising labour costs in China are not a new phenomenon.

He believes they will be hard hit by rising labour costs in China and by higher global steel prices.

Labour costs in countries such as Cambodia, Vietnam and Laos remain a fraction of those in China.

Last year Vallejo, in California's San Francisco Bay Area, sank into bankruptcy under the weight of its labour costs.

Between 2004 and 2009, unit labour costs rose 50 per cent.

A $44. 99 electric toy pays 81 cents in labour costs.

The pain of its high labour costs is felt most keenly in America, where VW lost nearly $1 billion last year.

In spite of the strong yen and high labour costs, some of those products will be made in Japan, Mr Ohtsubo says.

Labour costs increased 3. 2 per cent last year, up from 2 per cent in 2005 and the biggest rise since 2000.

wages and welfare costs rise with the decline in quantity and quality of labor force greatly increased labour costs;

Economics: Rising labour costs are transitory | The Economist

A Discussion on the Management of Labour Costs and Their Control in Enterprises

it could introduce reforms to tackle its poor productivity and high labour costs;

China labour costs push jobs back to US

increases in rental expenses and labour costs