If there is a “tech staff shortage”, why aren’t laid-off Disney Epcot tech employees finding jobs? See “Last Task After Layoff at Disney: Train Foreign Replacements”, New York Times, 2015-06-03, Julia Preston.
Disney has laid off 250 employees who keep the Epcot systems running, but in order to receive full termination benefits they have to train their H1-B replacements from companies in India. Many of them with a wide range of skills cannot find new jobs.
On the other hand, many companies won’t hire employees who don’t have the “right skill set”, meaning a checklist of knowledge supposedly needed by the company. Never mind any track record of knowing how to learn.
This article puts lie to the “tech staff shortage” as no more than a ploy to keep employee pay low and executive pay high. Congress keeps buying into it and keeps the H1-B quotas high.
For more of this long-standing problem, see “Is There a Tech Staff Shortage?”.
Showing posts with label high exec pay. Show all posts
Showing posts with label high exec pay. Show all posts
Wednesday, June 03, 2015
Tuesday, March 05, 2013
A cap on exec pay!
Shareholders to have say in exec pay. See "Swiss Voters Move to Restrict Pay of Executives", Raphael Minder, New York Times, 2013-03-04.
Hm! Arguments have been that the responsibility of corporate management is to give value to shareholders and all else is unnecessary, including shareholders having a competitive list of directors to choose from.
Then why do so many executives take value out of the company without shareholders' approval.
Will the Swiss vote be an exception to shareholder apathy or the start of an economic revolution?
Hm! Arguments have been that the responsibility of corporate management is to give value to shareholders and all else is unnecessary, including shareholders having a competitive list of directors to choose from.
Then why do so many executives take value out of the company without shareholders' approval.
Will the Swiss vote be an exception to shareholder apathy or the start of an economic revolution?
Subscribe to:
Posts (Atom)