Another Way To Keep Jobs In America, And Unions May Not Like It

Jaw-boning and new taxes might take a back seat to some hard numbers when it comes to motivating companies to keep jobs in the United States. A post from the Society for Human Resource Management (SHRM), citing numbers compiled by the Hay Group division of consultancy Korn Ferry, finds that real wage gains (i.e., adjusted for inflation) are slower in the U.S. and Canada than in other regions. The Hay Group study breaks the world down into regions and projects real wage gains worldwide to be 2.3 percent, with gains in the U.S. only 1.9 percent, and with notably higher wage gains in some key venues. The case for sending jobs overseas “may become less clear-cut from a financial perspective,” according to a London-based Hay Group manager.