Comments on: Foxconn pay hike has other companies worried

By: vision33r

vision33r — Sun, 01 Apr 2012 23:17:00 +0000

Say goodbye to free Android phones as profile margins will decline. All this witchhunt about Foxconn should start to look at other factories that produce those $99 Android tabs and see how much they’re paying for workers.

By: Eleeflyguy43

Eleeflyguy43 — Sun, 01 Apr 2012 18:49:00 +0000

the need to put the money on new factories, more empoyees and better dormitories instead of more pay in order to increase capacity. not just throw money at fatigued workers… jeesus. simple math

By: challenge_accepted

challenge_accepted — Sat, 31 Mar 2012 15:26:00 +0000

Its not their fault. Apple and other companies don’t give them enough money.
For example apple after all expenses has about a 35% profit margin. Foxxconn which gets 50% of its revenues from apple alone has about a 2% profit margin.
They can’t do much if apple is keeping all the cash to itself

By: Johnnie

Johnnie — Sat, 31 Mar 2012 14:57:00 +0000

While it’s obviously concerning for companies to routinely not pay a living wage as is implied here (but not validated ofc)… it’s sure annoying when an employee wants to work overtime and the company can’t grant it because of red tape.

There’s a happy balance here guys… companies need not to be inhibited by so many rules they can’t be profitable, and employees need to be able to earn an honest living.

I do find it interesting how often that balance gets overlooked, either by conservatives who too often protect the company at the expense of the employee’s, or by liberals who sometimes fight for increased wages and employee security until a company is so hidebound it can’t be profitable or flexible enough to change with markets.

Then of course… both groups will complain whenever the price seems high on their favorite items.

By: ciddy

ciddy — Sat, 31 Mar 2012 11:04:00 +0000

Automated assembly lines: fewer jobs. Outsourcing: Fewer jobs. Dilemma: What’s better? Low-paying job or no job?
The key question is how far can the prices for consumers be raised while maintaining higher pay levels for humans?
Would you be willing to pay 100 $ more for the same device if you could be certain the laborers earned more? Like a few people are willing to pay more for fair trade coffee?

People not willing to pay the price a product costs under certain manufacturing conditions which allow the manufacturing company to stay in business.

This is the same problem many US citizens are now whining about that so
little is still “Made in US”, it’s immediate consequences are different,
but it’s the same key issue.

By: First Name

First Name — Sat, 31 Mar 2012 09:24:00 +0000

Boy do you have a twisted view on what companies are. I’m sorry that you live in such a dark world.

By: First Name

First Name — Sat, 31 Mar 2012 09:24:00 +0000

Boy do you have a twisted view on what companies are. I’m sorry that you live in such a dark world.

By: Ole_Rikard

Ole_Rikard — Sat, 31 Mar 2012 07:48:00 +0000

I really pity the companies. The poor companies have to pay a salary that people can live of and limits the work time to only 60hours a week. The shareholders and bankers are probably going to send their children to public schools, wait with the second yatch and lay of the butler. /s

By: Aaron Baker

Aaron Baker — Sat, 31 Mar 2012 06:35:00 +0000

Oh man these companies that want to pay slave labor wages!

By: First Name

First Name — Fri, 30 Mar 2012 20:27:00 +0000

It’s not a surprise at all. A pay hike means the company will have to restructure to remain profitable, which will lead to layoffs.