So a company having deficits means they treat their employees wrongly? Other countries have far worse conditions and they manage a profit. What are the employees giving to the company? American car manufacturers losing billions while the workers are striking when they were receiving sky high pay and benefits until they died, even after they stopped working? Why should they be taken care of when they aren't giving to the company? Why would consumers pay a $1500 legacy cost to cover the pay of workers who worked at the plant before they were even born?
I'll tell you what, you hire people and pay them skyhigh rates and let me know how it goes if it is that easy. Full benefits, even after they leave.
The point is America can't afford those rates anymore, maybe in the 50's it could do that, but with global competition and the economy it's too expensive.
Originally posted by inimalistNot all countries do that either, a gross generalization. It also proves that loss in profits has nothing to do with mistreatment. It has to do with... losing money.
I'm not in the utopia. I don't believe money comes from the sky. Anybody who has seen both ends would understand.
That's as realistic as can be. If the employee rates go up, where does the money come from?
Thanks. 😛
Originally posted by RE: Blaxican
The profit margin that isn't actually used for anything, and the 3 million dollar bonuses CEO's and other execs randomly decide to just "give" themselves?
That would defer to the shareholders and the board of directors to take part in that. If they feel the CEO is being paid too much and not producing results, they should definitely take action on that. I wouldn't waste my money in a company if the CEO was being paid more and not producing.
Employees aren't dealt with the same way CEO's are though.
There's one thing to give a raise to someone who works hard, but paying 80,000 employees 2x as much as what they were being paid before, equates to well over what the CEO makes. Prices should be trimmed all over in a slow time. Many CEO's choose to take one dollar as a salary or take no pay at all. The super paid CEO's are mainly the big shot ones of massive companies, many only make about $130,000 a year or so.
Originally posted by Tha C-Master
There's one thing to give a raise to someone who works hard, but paying 80,000 employees 2x as much as what they were being paid before, equates to well over what the CEO makes.
Unions are necessary for protectionism, legal hiring, fair wages, benefits, standards of both work and pay, and as a counter-balance to political corporate power. When the government becomes as entrenched with money as it is now, the unions organize a general strike, ideally freezing the economy. Unions are necessary which is why there is a direct correlation in the American economy to % union membership and economic growth and prosperity.
Originally posted by Tha C-Master
There have been numerous union workers complain about the coercion to join a union and the wages and the lack of returns some get.
So, you're saying a person who owns a "few shares" in a company refuses to join a union because the return on their "few shares" is going to somehow make their investment a waste? What person do you know that owns enough shares of the company they work for that they are suddenly more concerned about the cost of doing business with a union because of a lackluster return on their investment than they are fair wages they recieve as an employee? Last time I checked, people don't get health insurance by investing in a company that offers it to their employees.
Originally posted by skekUng
So, you're saying a person who owns a "few shares" in a company refuses to join a union because the return on their "few shares" is going to somehow make their investment a waste? What person do you know that owns enough shares of the company they work for that they are suddenly more concerned about the cost of doing business with a union because of a lackluster return on their investment than they are fair wages they recieve as an employee? Last time I checked, people don't get health insurance by investing in a company that offers it to their employees.
duh, they just quit, find a better job, or commit to one of the several other sources of income all people should have, because that is a reasonable expectation of all people everywhere