ed-price” system which “guarantees completion date and price” (Auerbach B1). The company is on time and within cost projections over 90 percent of the time and their innovative method of going undercover helps them understand the needs of clients from a broader perspective.
Yet, the explosion in technology companies like Cambridge has also greatly affected the labor market and government regulations concerning the same. For example, even though Cambridge has grown in revenues more than 17 times its inception seven years ago, the shortage of high-technology labor has the effect of raising salaries for hi-tech workers, “In the past year the company has raised the salaries of its technical workers and consultants by about 10% because of the labor shortage. Entry-level specialists are making as much as $90,000 a year, which is putting pressure on the company’s operating profits” (Auerbach B1).
However, Cambridge is not the only company suffering a hit in their profit margins due to the lack of skilled high-tech workers. The situation has become so p
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