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What does this mean for us tech workers?
by wahnfrieden 2y ago
What does this mean for us tech workers?
- allears 2y agoIt's bad news for any worker. If the Feds won't enforce, then it's up to the individual states. And of course there's lots of states that want to attract industry, and lowering worker protections is one way to do that. It also means that the FAANG monsters, among others, will have an easier time screwing, I mean controlling, their workforce. Salaries will probably decline, shareholder profits will improve.
- epicureanideal 2y agoIf I understand correctly this relates to affirmative action and related topics, they’re not stopping all enforcement of all types. This will likely not decrease our salaries. It may increase them as funds get reallocated away from HR.
- takeda 2y ago> This will likely not decrease our salaries. It may increase them as funds get reallocated away from HR. You have serious misunderstanding how companies operate.
- epicureanideal 2y agoPlease explain.
- wahnfrieden 2y agoSame argument as AI efficiencies: when automation (or another change such as arguably less HR activity) results in more free time for employees, the result is not higher wages because this is the type of competitive edge that is sought in order to increase profits rather than redistribute wealth. The result of efficiency for workers is either more work, or layoffs. Wages don't come from surplus. Wages come from negotiation power. Surplus goes to ownership
- jaredklewis 2y agoYour salary is determined by your replacement cost. Let’s say your company renegotiates their office lease and now pays half what it cost before. Are they going to give everyone a pay bump? Unlikely. Might give a bonus to whoever renegotiated the lease. They might reward shareholders by buying back some stock or paying out dividends. They might invest in future growth by hiring new people or by buying new equipment. But why would they give the money to the employees? That doesn’t reward shareholders or increase productivity; it might make everyone a little happier but that is unlikely to increase productivity enough for it to be worth it (and even if was, management doesn’t think like that).
- ADeerAppeared 2y agoIf you're a federal contractor: Congratulations you can now be discriminated against on the grounds of "race, color, religion, sex, sexual orientation, gender identity, or national origin" And as a reminder to the lurkers who don't do their homework: The rescinded EO is from 1965. This is not just "woke nonsense". I will also note that Elon Musk has recently made statements about white tech workers being "retarded" and needing to be replaced by immigrants. And he's just been put in charge of government efficiency.
- pipes 2y agohttps://en.m.wikipedia.org/wiki/Executive_Order_11246 https://en.m.wikipedia.org/wiki/Executive_Order_11246 Presumably the problem is with the affirmative action part of the executive order.
- ADeerAppeared 2y agoWhat the claimed motivation is does not matter; the order is gone in it's entirity now. Frankly, it's just conservatives using "affirmative action" as a buzzword, because it really doesn't describe affirmative action as it's colloquially understood. "affirmative action" is followed by an immediate and explicit requirement of equal treatment. > "(1) The contractor will not discriminate against any employee or applicant for employment because of race, color, religion, sex, or national origin. The contractor will take affirmative action to ensure that applicants are employed, and that employees are treated during employment, without regard to their race, color, religion, sex or national origin. Such action shall include, but not be limited to the following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. The contractor agrees to post in conspicuous places, available to employees and applicants for employment, notices to be provided by the contracting officer setting forth the provisions of this nondiscrimination clause. Genuinely, this is just a lot of words to say "don't do a racism". The examples are on the level of "consider doing recruitment advertising outside of places visited primarily by white dudes"
- Frost1x 2y ago