Boardroom hypes (1) – Wage escalation
Ever since offshoring and near-shoring took ground, a typical boardroom comment has been that wage escalations will eradicate the option to leverage on wage cost arbitrage. Well, it’s been 20 years since I first heard this comment about Prague. Today the Czech capital still offers wages significantly below Western European… Continue Reading Boardroom hypes (1) – Wage escalation
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