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You have all these companies reporting record profit and margins, but somehow they can’t pay people more? We are seeing this behavior all across the supply chai
by lvl102 4y ago
You have all these companies reporting record profit and margins, but somehow they can’t pay people more? We are seeing this behavior all across the supply chain. These companies are skimming more and more off of the top with “pandemic” and “supply chain issue” as excuses. I’d like to think there’s a reckoning for this type of behavior but sadly that would be very naive of me.
- throwaway787544 4y agoA reckoning can only happen if we make it happen.
- routerl 4y agoUnfortunately, there's just not enough solidarity between workers in the tech industry: e.g. Java programmers who develop features often see themselves as a different class of professional (and people) than Java programmers who develop tests, even though their jobs occupy the same pixel in the spectrum of all jobs. This internal stratification of a profession has always been common in engineering disciplines, but in tech it has been exaggerated to the degree that, often, workers see themselves as members of a singleton class, thinking their situation is totally unique. The solution to this problem is also as old as time: workers need to get used to sharing and talking about their grievances. So, as an example, for a work force that is systematically underpaid, first we have to eradicate the mindset of "it is shameful to be paid less than average", so that people will talk about their pay, find common grievances, and then potentially act collectively.
- deleted 4y ago[deleted]
- spaetzleesser 4y ago"You have all these companies reporting record profit and margins, but somehow they can’t pay people more? We are seeing this behavior all across the supply chain. These companies are skimming more and more off of the top with “pandemic” and “supply chain issue” as excuses. I’d like to think there’s a reckoning for this type of behavior but sadly that would be very naive of me." Super yachts are becoming more and more expensive. They can't afford to pay people more.
- Aerroon 4y agoAre the same companies that are reporting record profits also the ones that have an employee shortage though?
- subpixel 4y agoThere should be tremendous benefits to companies who share wealth with their employees. Like an employee-wealth matrix that informs the tax burden of an enterprise. That way they can make a greater socioeconomic impact while still upholding their corporate and shareholder responsibility. Of course the first cut would be the deepest - penalizing companies who exploit labor. Good luck with that.
- dandare 4y ago> exploit labor How do you define this? And no, "fair wage" is a circular definition, not an answer.
- subpixel 4y agoFair question, and not a good choice of words on my part. It would be more effective to model positive employee outcomes like home ownership, debt-to-income ratio, retirement savings, education savings, health coverage, and the like. On the contrary, some multi-billion dollar enterprises make a show of how the employment they provide is _designed_ to be temporary and low-paid. You aren't supposed to rely on this kid!
- dixego 4y agoYou could start with wage theft — unpaid overtime, not respecting break times, things of that nature.