Wednesday, August 04, 2010

On the backs of the workers

The disturbing trend of forcing more productivity while cutting wages and benefits for the working class continues to grow. Obviously, with the weak economy the owners have the upper hand over hourly employees who are forced to choose between the cuts and having no job at all.

Interestingly, one rarely sees cuts reaching the executive offices. I would bet if we had a rule that the highest paid person in any organization couldn't draw compensation more than 30% higher than the lowest paid employee, management would find better ways to balance the books than on the backs of those who work the hardest to deliver what often turn out to be record profits.

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