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Is the military trying to make a profit off servicemen and women?
by kyllo 12y ago
Is the military trying to make a profit off servicemen and women?
- beachstartup 12y agothat depends on who you ask.
- TheBeardKing 12y agoAre you implying that private corporations are more motivated to take advantage of their employees for profit, rather than just trying to keep them happy and productive? I doubt tech companies care much about the profits from these endeavors to risk losing employees through shenanigans. The motivation for both private and military seems to me to just keep happy, committed employees who will be productive for the cause.
- kyllo 12y agoThe article mentions those old timey company towns cutting pay but keeping rent and food prices the same. What's to stop a company like Facebook from doing the same? Sure, they have no reason to do that now while the cash is rolling in and everything is gravy. But what about when the market turns and profits start to shrink? I think it's very dangerous for the same for-profit company to control both people's pay and their rent and other living expenses.
- icebraining 12y agoWhat's to stop a company like Facebook from doing the same? The fact that people would leave? Same as what stops them from lowering salaries, which they can already do and would end up the same result.
- kyllo 12y agoPeople are only going to leave if they can get an equivalent job at a competitor. If and when the current tech bubble bursts, these companies will all have a hiring freeze at the same time, just as they're all in a hiring frenzy at the same time right now. We live in a feast-or-famine economy, and we tend to forget past famines while we're feasting.
- icebraining 12y agoSure, but again, doesn't the same apply if Facebook decided to lower their salaries?
- kyllo 12y agoYes but to a lesser extent. If a company controls your paycheck, it's hard enough to leave. If they control both your paycheck and your housing, it's much harder to leave. If you want to leave and you put in your two weeks' notice, are they going to respond with notice that you're being evicted? So now you have to handle a job change and a sudden move at the same time?
- icebraining 12y agoSudden? If you live in a company-owned house, would you really expect to stay after quitting? If you want to leave, you plan your move along with your change of job. If for some particular reason you may think this will be exceedingly problematic, you can move before quitting. I don't see what's so worrying about this.
- jmngomes 12y ago"Are you implying that private corporations are more motivated to take advantage of their employees for profit, rather than just trying to keep them happy and productive?" I'd say yes, of course they are, apart from very few exceptions. Isn't the illegal wage-fixing move by Apple, Intel and Google a prime example of that?
- TheBeardKing 12y agoDoD members get screwed as well, as seen in several high profile instances, but you can't just point to a couple cases and think that indicates a trend. I'm sure surveys of large tech companies and the DoD would show that professionals choose their current employer because they're treated well. We have enough mobility in this country that large scale mistreatment would be met with mass exodus and ultimate failure of the employer.
- kyllo 12y agoWe have enough mobility in this country that large scale mistreatment would be met with mass exodus and ultimate failure of the employer This is only true when the economy is booming as it is right now. No one was saying this in 2009.
- eli_gottlieb 12y agoThe economy's only booming for those of us in tech. That's why there's all these wildcat labor actions, you see, which have finally resulted in wages growing across-the-board for the first time in decades.
- tedunangst 12y agoCynically, wage fixing does keep people happy and productive, because it means they spend less time worrying about how much more they could make at some other company.
- pjc50 12y agoSomeone usually pops up to claim that corporations are legally required to maximise profit above all else. (Not quite true, based on a misunderstanding of Ford v Dodge)
- TheBeardKing 12y agoBut surely profits gained from a marketable product are >> than profits gained from cutting corners at employee expense? Risking the loss of top talent would seem to be a losing strategy.
- kyllo 12y agoYeah, that's that "fiduciary duty to the shareholders" lie that always crops up. Best excuse for bad executive behavior ever.