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Wages in sentence

1758 examples of Wages in a sentence

Its fiscal policies were already out of control when it joined the monetary union in 2001, and its trade unions were agitating to push wages up to European levels, despite lagging productivity.
The old notion that large companies are responsible for their employees' welfare from cradle to grave - providing not only wages and bonuses, but sports facilities, cheap holidays, and generous retirement benefits - fell into desuetude.
Protectionism Will Not Protect Jobs AnywhereCAMBRIDGE – As US and European political leaders fret about the future of quality jobs, they would do well to look at the far bigger problems faced by developing Asia – problems that threaten to place massive downward pressure on global wages.
The key problem, which has not been addressed so far, is that a fiscal adjustment on this scale requires the government to take two steps that can be implemented only with wide social approval: a cut in wages and a cut in social expenditure.
Assuming that Greece wishes to stay within the eurozone, an “internal devaluation,” i.e., a significant cut in nominal wages, is inevitable.
The government can (and has) cut wages in the public sector, but this is not sufficient.
A large cut in private-sector wages also is urgently needed to stimulate exports (which currently amount to less than 20% of GDP, even if one counts both goods and services) to create at least one source of growth.
Three levers could be used to reach this goal: adjustment in nominal wages, extension of working time, and a reduction in social-security contributions (compensated for by an increase in value-added tax).
Indeed, cuts in public-sector wages can yield at most 1-2% of GDP in fiscal consolidation.
The only way out for Greece is thus to combine both elements: rescheduling its debt plus national agreements on wages and social expenditure.
It may have been possible then to distinguish cases where low wages in poor countries reflect low productivity from cases of genuine rights violations.
As labor and capital moved from low-productivity sectors and regions to high-productivity activities, resource allocation became more efficient, real wages rose, and the economic structure was upgraded.
Low-value silver coins were used for small day-to-day transactions, including payment of modest wages and rents.
A depreciation of silver relative to gold in this system would bring down real wages and improve competitiveness.
But they also know that additional spending on human capital and physical infrastructure is necessary to limit the impact of fiscal retrenchment on employment and wages and to strengthen the economy’s growth potential.
Instead of simply providing handouts, governments should strive to guarantee good jobs at good wages.
The increased flow of capital to the corporate sector will raise productivity and real wages.
A new corporate-tax credit will cut payroll taxes by 6% for all wages below 2.5 times the minimum wage – a step that will benefit more than 80% of all salaried workers.
And when immigrants aren’t sponging off the taxpayers, they’re suppressing their wages and taking their jobs.
Trade unions agreed to concessions on wages and working conditions in exchange for job security.
The government could have started by bringing together employers and unions to negotiate an equitable burden-sharing agreement, including an across-the-board reduction in wages and pensions, thereby getting a jump on internal devaluation.
Greece thus lacked a mechanism to negotiate a social compact to cut wages, pensions, and other obligations in an equitable way.
Moreover, though most of the savings implied by lower energy costs might initially show up in higher profits, over time, competition will force companies to pass on some of these windfall gains in the form of lower prices or higher wages.
Because wages can increase to a greater extent without fueling inflation, the US Federal Reserve Board might be inclined to delay hiking interest rates, which it is now widely expected to do this summer.
The same is true of minimum wages.
As it stands, Italy lags behind other large European economies in terms of output, employment, and income growth, with wages failing to keep up even with the country’s abysmally low productivity gains.
For example, with long-term joblessness at 5.4 million and the average duration of unemployment at 2.5 times the historical norm, workers are less able to regain productive employment quickly at anywhere near their previous wages and salaries.
Many of these low-conviction voters are now dismayed that Brexit has distracted attention from their real grievances about health, inequality, low wages, housing, and other issues.
The value of the benefits that the immigrants receive in Germany is a multiple of the wages they can earn in their home countries (if they manage to find a job there at all).
With an unemployment rate of 8.5%, a labor-force participation rate of only 64%, and stagnant real wages, labor income has fallen to an historic low of 44% of national income.
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