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"In our industry", says Renault's Mr Schweitzer, "the number of jobs will continue to decrease, because productivity will increase faster than production; the 35-hour week will just slow that decrease".In fact, employers are using the prospect of a shorter week to extract previously unthinkable flexibility from the unions: things like wage moderation, weekend work, late-night shifts.
So, productive capital investment, labor training, anything that enhances productivity will increase the size of that future pie.
But improving productivity will increase income without necessarily increasing sales".
And just think how productivity will increase if anyone ever comes out with a combination keyboard and coffee maker.
Distillate productivity will increase significantly if sun trackers are used.
For shale gas reservoir, the productivity will increase as the fractured drainage volume enlarges.
Similar(46)
As labour market conditions improve, unemployment benefits will lapse and demand for workers displaced by productivity gains will increase.
As companies try to reward their human capital more precisely for its scarcity and its productivity, inequality will increase.
"A more competitive company tax rate will attract investment, it will boost productivity, it will increase the size of the economy permanently by more than 1% in the long term".
Reliable and sustainable productivity increases will increase farm income directly.
"We remain focused on steady improvements in revenue growth and productivity that will increase profitability and cash flows and create future opportunities to enhance shareholder returns".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com