Thursday, February 2, 2012
Same decision making less money...
Isn't it funny how when companies want to save money their first thought is labor cost? Sending jobs overseas to places that pay lots less for the same work done always seems to be a smart and fair market decision when it comes to saving a company money and increasing profits....And yet, when it comes to hiring people for management positions the argument is always, "We need to pay high salaries to get the best and the brightest!"
Well years ago that may have been true. But today the American work force is highly trained and highly educated. More people in fabricating work hold Associate, Bachelor and even Master's degrees's in business, electronics and engineering. Doesn't that stand for something?....Anyway's
I wondered why the same thinking about labor doesn't apply to executives. After all America corporations pay their executives, 5-10 sometimes 50% more than companies in Europe and Japan,and probably Mexico, China and South Korea. Maybe we should be looking for more talent there and getting a bargain in the process, right? I'm just saying...
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