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。

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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。

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These productivity gains by individuals and by their teams require and that of their team with little reliance on it organizations; thus, these benefits are not offset by it resource costs.

个人及其团队获得的生产力提高对IT组织的依赖很小；因此这些收益不会受到IT资源成本的影响。

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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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