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Author Topic:   Economics and the Russian Space Program

Posts: 491
From: CA.
Registered: Jan 2011

posted 11-30-2014 12:18 AM     Click Here to See the Profile for SkyMan1958   Click Here to Email SkyMan1958     Edit/Delete Message   Reply w/Quote
There is an article in The Moscow Times about Russian plans for spending and the workforce behind their space program.
In a bid to tackle the low productivity stifling Russia's space industry, the state-owned conglomerate that spans the sector has proposed doubling wages and implementing incentive systems to triple the efficiency of its workforce.

The Soviet space program at its height in 1989 employed over a million people and accounted for 1.5 percent of Soviet gross domestic product. To work in the space sector was considered a plumb assignment.

But after years of industrial decay, low wages and brain drain, the industry is struggling to recruit fresh talent and move forward with new projects.

All times are CT (US)

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