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Cut the pay of the few Executives and divide it among all the other 100's of employees. Will that bring the employees wages up to the right levels? It's not ne
by dugditches 9y ago
Cut the pay of the few Executives and divide it among all the other 100's of employees. Will that bring the employees wages up to the right levels?
It's not necessarily the People but the machines/equipment they operate that are generating the 'more value' you speak of. The employees do not pay for this equipment and its maintenance. The Company does.
While it used to take 3 men 30 minutes to make a batch of ingredients with shovels and wheelbarrows, it now takes 1 Operator 30 seconds to push a button on an automated transfer system and watch it work. That one Operator is now producing 'more value' than his 3 predecessors. The lone Operator can now make 10 more batches a shift than 3 could before. Should he be paid accordingly for pushing a button versus the hard labor of 3 men?
I think the fact it's happening/has happened is 'bullshit' and that it's not 'right'. But the heavily automated jobs we have today aren't the same hard manual labor ones of the past. Large North American Manufacturers have to 'cut costs' to compete with offshore production, stay within strict Gov't Regulations, and survive(thus keeping jobs).