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They can do this through givebacks and a two-tier wage system.

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Q: How can companies renegotiate wages?
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Can I renegotiate the lease on my car?

Many contracts do not allow this but most companies will if asked. Watch for huge fees and penalties!


How hard is it to renegotiate with mortgage companies?

Mortgage companies usually have no real interest in repossessing homes, especially in a very poor housing market. Therefore if you are proactive and have a legitimate need they will usually accomodate you if it is at all practical.


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Companies will build fewer homes and wages will drop


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For the majority of companies the most common increase in the cost of production results from rising for the?

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Low wages in the underdeveloped world give US companies an incentive to do what?

outsource


If you receive renegotiate as a gift would wear it eat it or read it?

eat