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Old 30-04-2012, 01:21   #10
mertle
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Re: Sunday Times Rich List suggests UK's wealthiest defy recession

Quote:
Originally Posted by Maggy J View Post
What about highly profitable companies that move their production lines abroad to take advantage of cheaper pay rates abroad?it's not illegal and they have every right to do so but it's hardly ethical or moral.

I'm rather fed up by the idea that because a business is profitable that the owners are entitled to treat their workforce like crap.That anything goes in the pursuit of profit.Once you start thinking that it's a short step to treating those who work for you badly.
It's a mistake because you eventually end up with a workforce that doesn't trust you,will not put themselves out to work harder than they do already or to work above and beyond for the company.But of course why worry?There are more where they came from.

Also how many on that list actually earned the money.How many just inherited it?
Indeed thats way I think.

Not saying these three mentioned guilty of the following.

JCB shed 2000 jobs in recession 2010 how many he could overted sacking was questionable. He seems largely earned his because JCB expanded in other countries he by in large played fair to his uk workers.

However Dyson closed manufacturing side for in uk 2002 shipped it off to malysia.

http://news.bbc.co.uk/1/hi/england/2282809.stm

However he been feverent advocate to diminish labour rights . Though factory leases is good idea as agree 21 years is steep.

http://www.guardian.co.uk/business/2...factory-leases

Now not against all downsizing if companies cant clearly survive. Some uk firms downsized to pay bosses bigger wages. Someone cut to meet stupid unrealistic targets to shareholders. Whether later down to companies or shareholders doubt those who lost jobs care.

We need to instill to firms smaller profits are fine not expect forever big paydays as long no heavy loses. They should learn the value of there workforce. A happy workforce is productive workforce.

However many got drugged on the need to make massive targets of profit to meet it desperately is to sack the staff. The workforce pay price with wages or jobs to maintain unrealistic aims.

Its why outsourcing come about. Globalising of industries sadly once one outsources rivals got find there 12p hour slaves. We now seeing result this narrow mindedness the collapsing would not be shocked its part issue on economy failure. Poor wage, lack of sales. However they following at moment the gravy of emerging markets. What happens when they consume those turn predominent countries into third world.

Loyal workforce dont mean anything to modern business ethnics of greed..
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