[ale] Defeated by the offshoring of America....
Robert L. Harris
Robert.L.Harris at rdlg.net
Mon Apr 14 12:08:47 EDT 2003
If you get a manager making very high in the 6/7 figures and 7 figure
bonus's who won't do a "just pay me $1.00 to save the jobs of the hard
workers this year" I'd question how much the high paid execs care about
the long term health of the company.
Thus spake George Carless (kafka at antichri.st):
> > I wonder. Delta is in the process of laying off alot of good people to
> > "save money" just like companies going off shore. Some of us sat down
> > with figures from required legal postings and were astounded how much
> > money they could save on "expenses" and still hire back all the hard
> > workers just by "right sizing" half of the top 3 levels of management...
> > The sickest part is the number of bonus checks that will go out for all
> > the money saved by laying off workers who mak $12/hr trying to survive.
>
> You'll get no real argument from me on that point. However, the theory
> is, of course, that unless paid large salaries with bonuses and all the
> rest of it, the upper echelons of management will elect to take their
> skills elsewhere, meaning the economy as a whole will lose out: your major
> companies need their CEOs more than they need their $12/hr worker bees.
> Clearly, though, that point is debatable when the same companies are
> bleeding money left and right; and when those companies continue to pay
> their executives large bonuses, it leaves a sour taste in all of our
> mouths.
>
> --George
>
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:wq!
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