Hopefully someone does try to start a union and Xerox would instantly close down. Then I'd get a severance and it would give me a push to get out of this dead end garbage job.
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@5buk+16DjhEbX: Preach! THANK YOU !!!!! Finally someone said it. That company is p–p now. Get over it and leave. Work for a better company!
Do I think he does 24m worth of work? No
Do I think the owners of a company(stock owners) can choose what to pay their executives, yes. That's their business, not mine.
@5buk
Your points of automation are valid without doubt.
The point of fairness in pay for a CEO is wayyyyy off.
Do you really think any one person is worth 300 to 600 times the wage of its typical employee?
That acceptance is flawed
Take for example how it works in Japan. The average CEO compensation is now 1.04M
That would make it around 13 times that 75,000 wage mentioned earlier
That makes far more sense as a level of responsibility
I know of no heart surgeon or brain surgeon that makes 24M a year and they actually save lives. Big difference between selling out to Carl or saving a life.
Let me put it this way- if I could take JV’s job for just one year, and I kiss the ring of Carl, I would gladly take a payout for my services and buy a small island to retire on all based on laying others off and doctoring the numbers for investors
Easily money and I’d take it in a heartbeat.
But it doesn’t make me worth ten cents more in reality than the first line help desk
I'm just thinking practically.
The airline union, truckers union, auto manufacturing unions, and various government unions are able to form because they need people physically there to do the job. The company/government department cannot operate without them.
When the airplanes fly themselves the pilots will be gone union or no union.
From a cost perspective, Xerox sees Guatemala as the self flying version St John. So I don't think they will go for it.
As for fairness, the CEO is responsible for all of Xerox, that's why he makes 25M a year. (It's really 2M with stock options not worth 23M anymore but I digress). The call rep is not responsible for all of Xerox. Take that 25M and spread it to 25k employees and it's 1k each. Who answers to the owners of the company (Shareholders)? Unless the employees buy Xerox outstanding shares and take it private Carl Ichan and Deason make the decisions.
The fairness to an employee in a capitalistic society is choosing your employer. If company A pays dirt and treats you like dirt, and company B pays and treats you better, you move to company B. If all companies in the industry treat you like dirt you start your own company or leave to be an employee of another industry.
Unions were necessary and worked well in the first half of the 20th century. They will not work at all in an era of effective offshoring. I think teachers will be learning that hard lesson shortly. Remote learning will be an opportunity to test offshoring. Bye bye teachers union.
@3lbd
Unions have flaws but this one fact outweighs all flaws about working for a large company:
The CEO of large companies in the US make 300 to 600 times the median wage per year.
Are you worried about your coworker that might make, for example, 85,000 compared to your 75,000 even though JV is making 320 times your 75,000 at 24 million? But you are worried about a coworker that might make a few thousand more than you?
Do you even know what you are saying about fair pay for workers?
Seriously?
Hey Xerox, sign here saying you can't let us go; have to pay us mandated raises; pay the worse performers the same as best performers; and a list of twenty other things. In return we will do the job you are eliminating. Sign right here Xerox.
Critical support to those forming the union. That whips.
I like the implication to fight instead of rolling over and giving up
Props to the suggestion
!!!!
You have nothing to bargain with. Xerox wants you replaced with an overseas call center.
I believe it's referring to the call center in Saint John trying to, or suggesting to, unionize.
Unfortunately I think it's far too late for that to have any effect.
no really, why does this post have fifty + reactions? Is this some Xerox inside joke I'm too wholly owned subsidiary to understand?
Cool story bro
Good, informative thread you've got there.