Exporting may be good for the firms top executives, but how does it affect employees?
The power of exports to introduce real growth to the nation’s economy affects all workers, not only those at the highest levels. Selling to a larger market increases the need for efficient workers, often creating more jobs at the manufacturing level. More importantly, exporting increases job quality. Workers in firms with an export market, whether large or small, receive, on average, 15% higher wages than workers in firms operating solely within a domestic market. Plus, employees benefit from exposure to international markets; their jobs are more interesting and their skills more broad, making them more productive and also more marketable in the future.
