Alma Career’s Post

🌍 Rising Labor Costs in Poland: A Call to Action 📈 In recent years, we've observed a steady increase in labor costs in Poland, which poses a significant challenge for businesses. With the rise in minimum wages and taxes, many employers find themselves compelled to pass these costs onto consumers, leading to higher prices in stores. Those who hesitate to increase their product prices, fearing loss of competition, often end up with slimmer profit margins. The current landscape necessitates that we explore innovative solutions to escape this cycle of escalating labor costs. Could automation of production processes be a viable path forward? What about investing in employee training programs to enhance efficiency and overall value to the company? Now is the perfect time to discuss these pressing issues and share our thoughts and experiences. I warmly invite you to join the conversation in the comments! ❗ 🤔 What are your concerns regarding the rising costs of employees in the food industry? 💡 What solutions do you propose to address this challenge? Let’s brainstorm together!

This is a common practice in China, where factories typically recruit employees after the Chinese New Year. Many of our customers who are familiar with our Chinese suppliers are aware that the delivery times for orders extend beyond the usual two weeks following the Chinese New Year. Often, Chinese suppliers attribute these delays to the unavailability of workers. There are two main reasons for this:    Workers typically take an extended vacation during the Chinese New Year.    Some workers opt to seek employment at different factories. This year, the number of booths at the recruitment meeting was noticeably smaller than in previous years, and there was a limited turnout of workers. The global economy continues to exert a significant impact on China.

Today, thanks to trade unions Tekniikan akateemiset TEK and Insinööriliitto | Union of Professional Engineers in Finland it was released research conducted among highly skilled migrants. I want to emphasise three noteworthy findings: 1) The duration of residence in the country has a weak correlation with integration improvement. In some cases, integration remains elusive even after 10 years of living in the country. Why is this? It's a valid question. 2) Networking and language are crucial. Personal connections play a significant role in job acquisition in Finland, with over 50% of professionals securing employment through friends and within the hidden job market. 3) A major concern is the extended job search period, should be stretched to six months or even more. Statistics indicate that 62% of specialists find a job within three months, but this figure is questionable, as it may reflect survivorship bias. The survey only included employed professionals who joined a trade union, excluding those who couldn't find work and had to leave the country or those not affiliated with unions. These findings provide much to ponder and emphasize the need for careful reflection and future planning. We came to Finland not just for work or family but to build a better future here.

Japan’s labor market needs an update. It is commonly known that a very idiosyncratic set of values is well rooted in the Japanese workplace. However, Japan needs to revisit its traditions to allow for foreigners to fill the gap in the labor market.

The shortage of workers with certain skills is one of the main obstacles to growth for companies in Sweden and has also become an obstacle to regional development. In light of this, the Government is allocating SEK 25 million in 2024 to strengthen coordination of the ongoing efforts of eleven government agencies linked to attracting and retaining international expertise. “Sweden must be a country that welcomes international expertise, and the prospects for attracting, establishing and retaining qualified labour must be strengthened. This is necessary so that Swedish companies can ensure their future competitiveness and growth,” says Minister for Energy, Business and Industry Ebba Busch.

💡 The Netherlands is facing a further tightening in its labor market, which threatens its societal ambitions. To overcome these challenges, we need to quadruple our productivity growth and get a "train of job transitions" moving. 🔍 In our latest report, we present a comprehensive analysis of the Dutch labor market developments towards 2030 and a pathway to resolve labor market tightness. Furthermore, our report outlines the need for an orchestrated action plan to tackle shortages in three critical areas. Read more here 👉 https://lnkd.in/eKVrQZqU #FutureOfWork #LaborMarket #Productivity

Unlocking Growth with Mexico's Labor Force 🇲🇽🔧 Mexico's labor market, with 61 million active workers and a low unemployment rate, is ideal for companies looking to enhance their manufacturing operations. The triple helix model promotes a workforce adept in high-tech sectors, ready for modern challenges.  Effective labor management in Mexico, supported by streamlined HR processes and compliance, can significantly boost manufacturing efficiency.

𝗥𝗲𝗳𝗼𝗰𝘂𝘀 𝗼𝗻 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 In honour of Australian Made week, we are resharing this 2020 article, published in the Business Journal featuring an interview with CEO Jon Seeley. We believed it was prime time to refocus on local manufacturing and capitalise on growing demand for Australian made products. These sentiments still ring true today, with planned large-scale expansion of operations at our Lonsdale manufacturing facility. By buying Australian Made you are: ✔ Decreasing reliance on vulnerable international supply chains ✔ Strengthening Australia’s economy ✔ Supporting local jobs #Expansion #AustralianManufacturing #SupportLocal #AustralianMade #SeeleyInternational

INTERNATIONAL LABOR IN DUTCH FLORAL INDUSTRY 🌸 On the outskirts of the village Erica lies a large greenhouse complex belonging to the Van Geel family Van Geel Group. This family business, specializing in cultivating numerous orchid varieties, has been running since 1977! We had a chance to talk to Martijn van Geel about his experience with international labor force. Here are some of his insights: 🌍 The native Dutch unused labor potential is relatively low and difficult to reach. That is why they rely on the international workers. ℹ️ On the other hand, automation is ever increasing in the industry and it may help address some of the labor shortages in the future. 💡 Martijn’s advice? International workers should invest in their own growth: not only for their economic, but also social reasons. Picking up Dutch may help you progress your career into more specialized positions and also to bridge the gap between you and Dutch colleagues. 👉 Learn more about job opportunities in Drenthe: https://lnkd.in/ek4qFG5F

"Portugal lags its European peers in labor productivity including from resource misallocation, size, sectoral distribution and, predominantly, low within-firm productivity. The larger portion of the gap is simply by lower within-sector-and-size productivity." "firms in Portugal tend to be smaller than in European peers, and smaller firms in general tend to be less productive across most sectors (Berlingieri and others, 2018). Also, the shares of accommodation and food service activities (sectors typically with lower productivity) in both employment and value added is higher in Portugal than on average in the European Union (10.5 percent and 7.3 percent for Portugal and the EU, respectively, for employment, and 4.3 percent and 2.3 percent, respectively, for value added). The firm size distribution and sectoral composition of the economy jointly explain about a quarter of the gap in labor productivity vis-à-vis European peers (Bauer and others, 2020)." --- Source: IMF, 2024 Article IV Consultation - Press Release; Press Report ; Staff Report; and Statement by the Executive Director for Portugal. https://lnkd.in/dvnQ4qxU . --- #economics #productivity #firmsize #sectoralcomposition #Portugal