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In reply to the discussion: Al Gore takes aim at "unsustainable" capitalism [View all]Uncle Joe
(65,149 posts)51. Well apparently for "several years," their salary increases have outpaced those in the U.S.
http://techcrunch.com/2012/02/17/foxconn-increases-wages-raises-pay-by-16-25-for-chinese-workers/
"The base pay of junior level worker in Shenzhen is now at 1,800 yuan ($290) per month and, if the worker passes a technical examination, it will be raised to 2,200 yuan. Three years ago the base pay was just 900 yuan per month."
(snip)
Foxconn is often viewed as a good entry-level job in China. The work is hard, no doubt, but the pay is fair for the region and job seekers often line up by the thousands for a chance to work at Foxconn. Not only is the pay a good deal higher than the required minimum but the company also provides dorms, meals, and recreational facilities for its workers. Foxconn is viewed as a way to move from the fields to the city.
________________________________________________________________________________
My understanding is that Foxconn has a vast number of employees converting from an agricultural life to an industrial/urban life, no doubt they go through great cultural stress. This is not to hold the company harmless in the treatment of their employees, but I wonder how their suicide rate compares to our military?
I imagine both groups suffer from PTSD.
One thing seems to be apparent the Chinese still line up by the thousands for the jobs.
"The base pay of junior level worker in Shenzhen is now at 1,800 yuan ($290) per month and, if the worker passes a technical examination, it will be raised to 2,200 yuan. Three years ago the base pay was just 900 yuan per month."
(snip)
Foxconn is often viewed as a good entry-level job in China. The work is hard, no doubt, but the pay is fair for the region and job seekers often line up by the thousands for a chance to work at Foxconn. Not only is the pay a good deal higher than the required minimum but the company also provides dorms, meals, and recreational facilities for its workers. Foxconn is viewed as a way to move from the fields to the city.
________________________________________________________________________________
My understanding is that Foxconn has a vast number of employees converting from an agricultural life to an industrial/urban life, no doubt they go through great cultural stress. This is not to hold the company harmless in the treatment of their employees, but I wonder how their suicide rate compares to our military?
I imagine both groups suffer from PTSD.
One thing seems to be apparent the Chinese still line up by the thousands for the jobs.
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I'm one of those who never stops thinking about that alternate reality timeline where
cyberpj
Feb 2012
#30
It's easy to post talking points because you don't have to have an actual discussion about facts...
cyberpj
Feb 2012
#31
What evidence do you have than an exception would exist for them or are you just pulling this
Uncle Joe
Feb 2012
#15
But by all means, don't start with his own company's private slaves in China.
Dreamer Tatum
Feb 2012
#18
Why do you think business practices overseas won't change if the dynamics are changed here at home.
Uncle Joe
Feb 2012
#19
Not to mention that any seat he may hold on a 'board' is only one seat among anywhere from
cyberpj
Feb 2012
#32
Well apparently for "several years," their salary increases have outpaced those in the U.S.
Uncle Joe
Feb 2012
#51
What did Microsoft, Amazon, Hewlett Packard and a multiitude of other tech companies admit to?
Uncle Joe
Feb 2012
#54
I believe that's why Gore is not suggesting revamping the whole system, this is more like applying
Uncle Joe
Feb 2012
#46
Gore ought to go find the worlds most valuable company, kick down the doors of the Corporate
hughee99
Feb 2012
#37
Absolutely. He wouldn't even need to kick the door in - he has the key. nt
Dreamer Tatum
Feb 2012
#40