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The unions protest, blaming top management for falling productivity, rising loan defaults and organisational chaos.
Instead, contemplate the prospect of slow growth and low productivity, rising public spending and labour shortages.
(He admits, however, that he wrongly predicted the same thing would happen in 2011).Two things could keep productivity rising.
The reality could hardly be more different to perception: passenger numbers booming, productivity rising, the number of services soaring, and customer satisfaction at near-record highs.
With profits up and productivity rising, union bosses think the time for restraint is over.In fact, Germany can ill afford big pay rises.
It is the work force as a whole, not particular individuals, that must work harder and harder, as well as better and better, to keep productivity rising.
Similar(44)
Between 1979 and 2014, the per-capita gross domestic product grew 77percentt, and productivity rose 75percentt.
Productivity rose, especially in manufacturing.
Labor productivity rose at a 2.4percentt annual rate.
Productivity rose when more attention was paid to the workers.
That means less output, unless productivity rises to compensate.
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