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If future investment is more modest, productivity growth could slow.
And these players are already paid millions of dollars a year to perform; if a cross word from the boss is enough to hurt their (modest) productivity, the blame is theirs, not Wilpon's.
This acknowledges that the book's scale is surprising coming from "a writer of (let's be tactful) modest productivity" before pointing out that John Cromer "is the weakest hero in literature – unless he's one of the strongest".
And it is true that, in the decade before the financial crisis, wage growth in Germany followed the modest productivity gains that were observed in many countries across Europe — which appear lower than they should be because other countries like Spain and Greece saw a disproportionate increase in wages.
Similar(54)
Populations 7A-E, 19A-E, and 50A-E, descended from MA7, MA19, and MA50, respectively, had modest increases in productivity, ranging from 25 33 % of ancestral levels (average productivity of 120, 153, and 115, respectively).
Declining real wages and a modest upswing in productivity have together produced a sustained drop in unit labour costs.
So companies may need to hire if they see only modest gains in productivity and more demand.
"A combination of factors is at work in lowering longer-run growth including the effects of population aging and more modest prospects for productivity growth," the I.M.F. said.
Wage growth could be a lot stronger than the Bank is expecting and be unaccompanied by even the modest improvement in productivity that the MPC is predicting.
If physicians were salaried employees with modest incentives for productivity and outcomes, we could, in very short order, have affordable health care for all.
It calls for a catalogue of measures to boost what it calls the modest prospects for productivity growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com