Abstract
Mostly all developed regions in North America have labor costs that are
raising at a significantly higher rate than inflation rate as a result of
maturing market. The situation is made even more difficult because high level
management, in their attempts to restrain these escalating labor costs, are
seeing their staff turnover rate increase, which again poses new challenges of
continuity in relations and costs relating to the reallocation of work.
In 2005, unit labor cost in American business sector edged up over 0.5 percent
following two consecutive annual decreases. While in Canada labor cost of
production one unit of output rose to 1.1 percent.
Often these issues may limit the possibility of a large-scale I-FM service
solution, and when it can still be pursued, some sort of compromise has to be
done by the provider, where the ability of the I-FM service provider to carry
out the service with out the services being hampered or incurring additional
costs becomes the major challenge.
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