Labor shortage impacting on enterprise earnings

"Employment costs for each worker have increased by at least 30% since Poland's accession to the EU," said Leszek Wroński, a partner at KPMG. In his opinion entrepreneurs are only now beginning to estimate the costs, which are borne due to substantially growing recruitment problems and salaries. "Ten percent claim that employment difficulties cost them from 4% to 7% of revenue. A further 5% of enterprises estimate this share at 8-12% of revenue," said Leszek Wroński. Experts from the employers' organization PKPP Lewiatan believe that not only should companies attract labor by offering higher wages, but also try to activate 1.6 million of those who are currently jobless. At the same time growth in wages should be accompanied by increasing efficiency as otherwise companies will face restructuring in the future. (Rzeczpospolita, p. B1) M.M.