1995?
In this labor market? It's not like Tim Cook can just order the Air Force and the National Guard to scab at the Apple Store.They are easily expendable if the state were not bound to unions.
I remember when air traffic controllers thought they were indispensable too. Then Reagan fired them all.
“The current welfare system provides such a high level of benefits that it acts as a disincentive for work. Welfare currently pays more than a minimum‐wage job in 35 states, even after accounting for the Earned Income Tax Credit, and in 13 states it pays more than $15 per hour. If Congress and state legislatures are serious about reducing welfare dependence and rewarding work, they should consider strengthening welfare work requirements, removing exemptions, and narrowing the definition of work. Moreover, states should consider ways to shrink the gap between the value of welfare and work by reducing current benefit levels and tightening eligibility requirements.”
In this labor market? It's not like Tim Cook can just order the Air Force and the National Guard to scab at the Apple Store.
Not true. Can you pull first party research data on Eastern European workers who moved to the UK - in the EU - and then stopped working?
It put a drain on the UK and the system.
No Republicans there. But there was Brexit.
For a good view of what that cesspool was like read The Jungle or Midnight is a Place. The crunch mode (time) programers go through is a 21st century sweatshop produced mainly because some Pointy Haired Boss got a bee in their bonnet about some 'so cool we must have' feature or had to meet some arbitrary must ship by date. More over it does not work because at best you burn out your programmers and ship a buggy mess.Companies ship jobs overseas because it's cheaper to do so. If you take anything away from this post, let it be this.
As long as we have labor laws and safety regulations in the USA, cost of labor in the USA will always be greater than that of places that don't have those protections.
That's really all there is to it.
What then is the solution? Should we do away with labor laws and safety regulations? Labor is cheaper in China, Vietnam, Mexico etc. because workers there can be exploited. There is no OSHA, no child labor laws, no worker protections, no benefits.
Is that what you want for Americans?
No one is forcing anyone to work at Apple. Each employee is worth exactly what they are willing to accept in exchange for that work. If that person thinks that they deserve to earn more, then it’s on them to ask for it or perhaps hopefully the company will recognize the contribution and pay that person more. But, the company, no matter how rich they are, is under no obligation to pay their employees a dividend of their profits. Again, you are only worth what you are willing to accept. Unions unravel this scenario by forcing the company to not treat employees as individuals, but rather as groups with the middle-man union bosses dictating benefits with threats. It sets up a hostile working environment between all those involved. Eventually the demands of the unions undermine the profitability of the company as a whole and then it’s just a matter of time before it all falls apart.It's not so much that the companies are ripping off the lower level employees, so much as severely under-valuing their contributions and severely over-valuing the contributions of the top level executives.
In 2020 time cook was paid just under $100 million.That's 1666 times my pay. That's just insane on so many levels I don't know where to start.
Is is critial to the company? maybe. I mean there's a succession plan in place, I'm sure for when he retires. Someone else CAN be CEO of Apple. Does he deserve to make well over my salary? Every. Single. Day?
I think no. CEO pay is whack. I read about engineers at Apple getting bonuses that would pay for my house. It's an insult to the work I do for Apple that there's this much pay disparity.
You are only worth what you are willing to accept in exchange for your work. That’s all you are worth no matter how rich the company you work for is. Feel free to start up your own company and pay your employees as a whole an equal dividend of your profit. Good luck!That's some very nice corporate drivel you've regurgitated there. The actual fact is unions raise wages for everyone in society. Once workers see unionized workers getting better pay, they'll unionize too. In time, unionization raises wages for everyone. Maybe read a history book or something. Apple can afford to pay employees $30 an hour, and they should.
That’s a ridiculously one-sided view how things work.No one is forcing anyone to work at Apple. Each employee is worth exactly what they are willing to accept in exchange for that work. If that person thinks that they deserve to earn more, then it’s on them to ask for it or perhaps hopefully the company will recognize the contribution and pay that person more. But, the company, no matter how rich they are, is under no obligation to pay their employees a dividend of their profits. Again, you are only worth what you are willing to accept. Unions unravel this scenario by forcing the company to not treat employees as individuals, but rather as groups with the middle-man union bosses dictating benefits with threats. It sets up a hostile working environment between all those involved. Eventually the demands of the unions undermine the profitability of the company as a whole and then it’s just a matter of time before it all falls apart.
You’re welcome to start your own company and pay your employees what they think they deserve. Good luck!That’s a ridiculously one-sided view how things work.
When business grow and merge and consolidate to eliminate competition for jobs, we call them clever. When workers do the same thing, we call them greedy.
Walmart comes to town and eliminates dozens of business that compete for workers. Without competition, the free market doesn’t work. Walmart can now just say take it or leave it.
Likewise you are welcome NOT to start your own company and become a "smart" employee who knows how to be "indispensable" and only accept a big paycheck from the employer.You’re welcome to start your own company and pay your employees what they think they deserve. Good luck!
Likewise you are welcome NOT to start your own company and become a "smart" employee who knows how to be "indispensable" and only accept a big paycheck from the employer.
You’re welcome to start your own company and pay your employees what they think they deserve. Good luck!
Likewise you are welcome NOT to start your own company and become a "smart" employee who knows how to be "indispensable" and only accept a big paycheck from the employer.
I don't think you understand how the power game is being played.Some employees are more productive, some less productive.
Some go the extra mile, others don't.
Not all workers are the same. Why should they all be compensated in the same way?
If all are compensated the same way, where is the incentive to go the extra mile?
I don't think you understand how the power game is being played.
"Going an extra mile" is not necessary going to make you indispensable. But it can definitely make you a "good loser".
It won’t be you negotiating anything. It will be union bosses, who you will be paying, who will also be taking a cut of what they force the company to give to you. There is always an underlying hatred among all involved whenever a union is in place in a company. It will make Apple rot from within. Large scale unions within Apple will mark the downward turn for them.And I’m welcome to join a union and negotiate a higher salary.
The only reason a union gets formed is if the employees are treated like garbage to begin with. The only one who hates a union is overly greedy management. That is why computer game companies are so afraid of unions - the conditions many games are made are the 21st century version of The Jungle or Midnight is a Place. Want to cut costs? Get rid of all those MBAs whose practical business knowledge is rising to zero (my late mother called that degree Moron of Business Administration for a reason) and odds are one will have more than enough money to pay for the wage increases.It won’t be you negotiating anything. It will be union bosses, who you will be paying, who will also be taking a cut of what they force the company to give to you. There is always an underlying hatred among all involved whenever a union is in place in a company. It will make Apple rot from within. Large scale unions within Apple will mark the downward turn for them.
Nintendo did (Satoru Iwata, then CEO of Nintendo, took a 50% pay cut because his company was losing money at that time).45% increase since 2018? That sounds like 4 years to me.
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Why does it matter how much money the company is making? If/when companies loses money, will they volunteer to take pay cuts?
The only reason a union gets formed is if the employees are treated like garbage to begin with.
Nintendo did.
Read the original comment this was in reply to - "If/when companies loses money, will they volunteer to take pay cuts?" Satoru Iwata (then CEO of Nintendo) took a 50% pay cut ergo Nintendo (or at lease the CEO) volunteered to take a pay cut because his company was losing money at that time.What did this Japanese company do?
Read the original comment this was in reply to - "If/when companies loses money, will they volunteer to take pay cuts?" Satoru Iwata (then CEO of Nintendo) took a 50% pay cut ergo Nintendo (or at lease the CEO) volunteered to take a pay cut because his company was losing money at that time.
You're goalpost moving to salvage a poorly thought out premise. Why should the lower employees take a pay cut/send money back when the biggest single money drain is those higher up the pay scale or a host of middle men that when you really sit down the company does not need?And Steve Jobs was paid $1.
What does that have to do with the low level employees?
Your goalpost moving to salvage a poorly thought out premise. Why should the lower employees take a pay cut/send money back when the biggest single money drain is those higher up the pay scale or a host of middle men that when you really sit down the company does not need?