The increase in pay costs was more than offset by higher productivity.

工资成本的增加远非更高的生产率所能抵消的。

《柯林斯英汉双解大词典》

Even a 30 per cent pay rise increases total costs for most manufacturers by only 1 to 5 per cent, the firm found, most or all of which can be offset by productivity and cost savings.

即使工资上涨30%，大多数制造商的总成本也将只会增加1%到5%，而这其中的大部分(甚至全部)都可以通过提高生产率与节约成本抵消掉。

youdao

The hardest task will be to raise Japan's productivity to offset the looming manpower shortage.

最棘手的工作恐怕是如何提高生产力以弥补逐渐迫近的人手不足问题。

youdao

The hardest task will be to raise Japan's productivity to offset the looming manpower shortage.

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The company said the results were driven by strong top-line growth and improved productivity, partially offset by a higher tax rate.

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Adjusted operating margin improved 110 basis points to 6.6%, attributed to higher volume and productivity initiatives which helped offset higher employee-related expenses, the impact of changes in product mix, and restructuring costs.

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