Saturday, April 5, 2014
I recently read this article by Oren Levin-Waldman, Ph.D. ‘The Minimum Wage and those Inconvenient Facts’ at laborpress.org
This sentence in paragraph 10 of the article just jumped out at me "Despite productivity increases, those benefits were not shared with workers in the form of higher wages."
Then I remembered how I had recently heard a financial advisor bemoaning the fact the civil servants were once afforded better benefits packages because as a rule they worked for lower pay than their private sector counter parts and how now they are overall more highly paid than their private sector counter parts. I remember thinking at the time well duh! could it be that their private sector counter parts over the past decade give or take have not been provided the raises that would have kept them ahead of the public sector employees while the public sector, being union for the most part affords small 'step' raises to employees each year?
To find the root cause of the current stagnation of wages and push back from corporate America on the minimum wage debate, you need look no further than the education that the average Business student receives on the way to their BA/MBA. Business schools have taught them well that labor does not have a human face; it is nothing more than another liability on the balance sheet. Lean and mean is the mantra, and by dehumanizing labor they have provided employers with sufficient "justification" to continue to reap the benefits of increased productivity without sharing it with those who actually made it possible in the form of higher wages and benefits. (Unless you are the CEO of course)
Wednesday, March 12, 2014
Monday, March 10, 2014
Monday, June 24, 2013
Employers over the last 30-40 years have amply demonstrated their abject lack of loyalty to the millennial’s parents. After years of loyalty from these people they laid them off in droves. Those that managed to keep their jobs saw their health benefits cut or were forced to pay a higher percentage of their pay for decreasing levels of health insurance benefits, frozen pay raises, pensions discontinued in favor of the capricious 401k lie (a boon to wall street a bust for the retirement dreams of thousands) It is almost laughable that these same “HR Pros” have the unmitigated gall to call the millennial disloyal?
Saturday, June 15, 2013
Thursday, June 13, 2013
Saturday, May 25, 2013
The most awe inspiring verse in the Holy Scriptures:
"And I saw a great white throne, and him that sat on it, from whose face the earth and the heaven fled away; and there was found no place for them. 12 And I saw the dead, small and great, stand before God;"
Revelations chapter 20 verse 11& 12a
Not Ready to stand before God? Learn how to prepare here