työvoimavaltaiset

Työvoimavaltaiset is a Finnish term that describes industries or sectors characterized by a high proportion of labor costs relative to other production expenses, such as capital or raw materials. This means that the wages and salaries paid to employees constitute a significant portion of the total cost of producing goods or services.

Industries often considered työvoimavaltaiset include services like healthcare, education, hospitality, and consulting. In these sectors, the primary input is human expertise, skill, and time. Manufacturing, on the other hand, can be more capital-intensive, with significant investments in machinery and technology that reduce the relative importance of labor costs.

The nature of being työvoimavaltaiset has implications for business operations and economic policy. For example, in such sectors, productivity gains are often achieved through improvements in human capital, training, and efficiency rather than through technological automation alone. Wage levels and labor market regulations can have a more direct and pronounced impact on the overall cost structure and competitiveness of these industries. Consequently, discussions about economic growth, employment, and income distribution in Finland often involve considerations of the characteristics of työvoimavaltaiset sectors.