Monday, December 24, 2007
People’s fear of outsourcing and redundancy keep wage inflation low (excecpt for MP’s)
Wage inflation is low as people are fearfull of demanding large pay rises as they may be made redundant and their job offshored. This only applies to those at the lower end of the salary scale. At the higher end (e.g. MP's) their is no such fear - shame can we really not offshore our MP's job's?