Russian firms struggle to match war-driven wage hikes: Report

A new report indicates that Russian companies are failing to keep up with the country's military-driven wage competition as the conflict in Ukraine enters its fifth year. Persistent labor deficits have caused salary increases to outstrip productivity gains, leaving businesses paying more for the same level of production. Since the war started, wage growth has exceeded productivity by 5 percentage points.

by shortkt.com
4 hours ago
Russian firms struggle to match war-driven wage hikes: Report | ShortKT