Labour Costs Quotes

Employers are as sensitive to housing costs as their employees, which is why, when we build more houses, we create more jobs.

Costs of manufactured articles importantly depend on the cost of raw materials as well as labour.

There is no way of keeping profits up but by keeping wages down.

I respect the state workers and I respect their unions, but we simply can't afford to pay benefits and pensions that are out of line with economic reality.

Zero-hours contracts are a low proportion of the workforce; they provide a route into employment and flexibility for staff. They benefit business, consumers, and taxpayers by keeping costs down, and they boost productivity, allowing the efficient use of labour.

… employers, many of whom would like to be fair, are in a competitive business and they cannot afford to meet the demands of the union unless everyone in their line of business is forced to do so too

Manufacturers...gradually shift their places, leaving those countries and provinces which they have already enriched, and flying to others, whether they are allured by the cheapness of provisions and labour.

It's always been hard work for us to manufacture in the U.K. It's not a particularly profitable place for us.

Where people work longest and with least leisure, they buy the fewest goods. No towns were so poor as those of England where the people, from children up, worked fifteen and sixteen hours a day. They were poor because these overworked people soon wore out -- they became less and less valuable as workers. Therefore, they earned less and less and could buy less and less.

I know people like myself where we've got resorts, or we're in the hospitality business, and we just can't make money because you're paying someone minimum $42 per hour or something on a Sunday.

In an age of considerable bureaucratic burdens, a business knowing immediately that someone who has the relevant training is eligible to work in the United Kingdom is an important convenience and helps keep costs down.

That's one reason India is an attractive proposition for retiring. Servants are much more reasonable than in England. It's not exploitation so long as you pay a proper salary.

Politicians said that with our cheap labour, we could be competitive in the world. Nothing could be further from the truth. We were the most uncompetitive country with that cheap labour.

Where one nation has gotten the start of another in trade, it is very difficult for the latter to regain the ground it has lost; because of the superior industry and skill of the former, and the greater stocks, of which its merchants are possessed, and which enable them to trade on so much smaller profits. But these advantages are compensated, in some measure, by the low price of labour in every nation which has not an extensive commerce…

We cannot allow employers in Germany to pay hourly wages of 50 cents and shift the remainder of the burden to the taxpayer. After all, we want to create jobs, not open a self-service shop for resourceful employers.

Home Depot has never hired one human being for minimum wage, not one. We have always paid a premium over minimum wage.

When the wages of labour are hardly sufficient to maintain two children, a man marries and has five or six.

If people don't want blue-collar work, our labour costs will remain high and our competitiveness low.

When a Nation exports more or less Labour, than is imported into it, that difference between Exports and Imports of Labour, is called Ballance of Trade