Defending Greed
Who are they kidding?
The article on AustralianIT is titled “US tech firms defend ‘offshoring’ “, but it’s just a defense of greed. Overpaid tech executives want to ship more jobs overseas based on cost and nothing more. That’s all well and good, but what about their overpriced salaries? Are they willing to cut costs there? Nope. They’re willing to batter the American Worker, but not trim the biggest fat of all, their own damn salary.
Think I’m making a big deal? Think that those execs “earn” that kind of multi-million dollar scratch? Check out this article on Dollars and Sense about the gross disparity between what US executives are paid and their foregin counterparts. Here’s an article about the differences in Finland in particular that’s a little more current. And, another article on Forbes that’s more current still. So, while folks like you and me make the corporation actually run, the top executives that do little more than make decisions about what broad moves the company will make, or who are mainly whipping boys for the press and shareholders, make orders of magnitude more than we do. Why? Because they can. But, maybe, if we hold them accountable, they won’t be able to do that any more. Maybe, just maybe, they’ll have to make cuts that hurt themselves for a change and look out for their workers.
Well, a guy can dream…