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Keep up to dateBy Barny Evans2018-11-26T12:31:00
Productivity improvement is the only real way to pay ourselves more, says WSP’s Barny Evans
You hear variations of this uttered by economists, business people and government officials and it is true. It’s demonstrated by the fact that as our productivity gains have flattened since the recession, so has wage growth. So, what can we do?
WSP are already very active in the transport sector. A sector which is commonly associated with productivity, whether that is HS2, airport expansions or improving walking and cycling facilities. These are commonly referred to in terms of Benefit Cost Ratios (BCRs), which are essentially analysing the economic gain per unit of investment.
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