Global Competition
"The World is Flat" by Thomas Friedman is a great book. Those of us that have worked in areas that experience some level of global competition for jobs or services have examples like in the book. Most of the factors are obvious these days like the internet and outsourcing and supply chains as contibutors to the world economy. So how about the future? Let's take compensation: What happens first, American avg. salaries come down or other parts of the world come up? Where do the salaries meet?
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David Sandusky
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