Offshoring threat is enough to depress wages and salaries
Significant wage inflation is probably another 18 months away.
Wage and salary inflation has been so muted globally largely because even the threat of companies moving production offshore has been sufficient to dampen workers’ bargaining power, according to Goldman Sachs’ head of fixed interest for Asia Pacific.
Speaking at a conference in Wellington, Phil
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Jenny Ruth
Wed, 28 Mar 2018
Wed, 28 Mar 2018
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Offshoring threat is enough to depress wages and salaries
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