If you add 1, 000 more, pay them a competitive wage and shift some of the burden of research onto patent lawyers, you can probably cut tech pendency from 32 months to 24.
"Many councils have bigger budgets than FTSE 100 companies and to get the brightest people to deliver the best services for local people they need to pay a competitive wage, " he said.
When the competitive outside wage is higher than the regulated wage, there are likely to be falls in quality.
Clauses in collective-bargaining agreements allowed individual firms to stray from wage deals when competitive pressures demanded it.
The Indian firms see consulting work as a way to maintain their competitive edge in the face of wage inflation in India and the rise of Chinese data processing firms.
Not only does an entrepreneurial path place immigrants in a non-competitive position relative to the existing wage-seeking labor pool, but their ventures that are employer businesses actually create jobs, increasing demand for labor and thereby pushing up wages.
Most employers cannot simply raise prices to cover the higher minimum wage, particularly in the competitive services sector.
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Iscaro suggests that Ireland should also try to make the economy more competitive and diversified, partly by capping wage increases in the public sector and cutting costs.
Yet if teachers unions press for wages far above the efficient wage they would garner in a competitive labor market, then they are undermining the case for the special laws that empower them.
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No doubt this is true, but the report would have benefited from a mention of the opposite problem in the U.S.: the existence of so-called Davis-Bacon requirements for most public works, which set the prevailing union wage scale no matter what the competitive market pay for quality work would be.
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He would not be drawn on figures, claiming he wanted to stay competitive, but said he has "hardly drawn a wage" over the past six weeks because of the weather.
There are still some fields though that pay a good wage, engineers, scientists for examples, but generally with a broader competitive job market you are going to see wages drop.
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And it probably wouldn't be good for our economy for a bunch of these jobs to come back because, frankly, there's no way that people could be getting paid a living wage on some of these jobs -- at least in order to be competitive in an international setting.
All this seems glum news for those who argue that wage increases this year must be kept below 3% if Germany is to stay competitive and reduce its high number of people without a job, still over 4m, or 10.2% of the workforce.
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