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High wages- product based Treatment of employees as valued partners Unmatched working conditions and environment Niche markets

Not Revising pay structure


Minimum wages Fixed rates for less production, Double edged sword

Not Diversifying
Running cost increases Raw material change Machinery change

Floaters

Efficiency Production Cost Building skill set Future Advantages

Training

Different machines

Shift Rotation

Temptation to come back due to market condition Existing high wages High chances of retention

Line Regulation

Last Resort, Damage control measure Atleast job security Counselling

Thank You

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