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Monday, August 19, 2024
#DIGINNOBEST: ADVANCED TECHNOLOGIES AND SOLUTIONS ARE THE RECIPE FOR MANUFACTURERS’ COMPETITIVENESS. HODA AND SARGASAS CASES
Image Source LINPRA
For years, entrepreneurs and industrialists have been talking about the concerning and ever-widening gap between rising wages and labour productivity. According to the Bank of Lithuania, wages in the country increased by 19 %, and productivity by as little as 2.9 % in 2012-2016 alone. But industries are encouraged to invest in progressive solutions and technologies that improve operational efficiency not just due to the above circumstance.