Far from it. Foreign-owned projects are capital-intensive and labor-efficient. They invest in machinery and intellectual property, not in wages. Skilled workers get paid well above the local norm, all others languish. Most multinationals employ subcontractors and these, to do their job, frequently haul entire workforces across continents. The natives rarely benefit and when they do find employment it is short-term and badly paid. M&A, which, as you may recall, constitute 60-70% of all FDI are notorious for inexorably generating job losses.
Turbotax Business 2017
3. cash incentives work well in getting more from your employees, and as an impressive reward for achievement. You can make the amounts as low or high as you like. Just make sure they match the achievement you are rewarding, and that they stay within budget. The downside is that cash incentives are not that imaginative, and therefore it will seem that less thought has gone … Read MoreRead More »