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apple-and-googles-wage-fixing-cartel-involved-dozens-more-companies-over-one-million- by ray b
Started on: 03-24-2014 04:07 PM
Replies: 12 (247 views)
Last post by: Zeb on 03-25-2014 10:26 AM
ray b
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Report this Post03-24-2014 04:07 PM Click Here to See the Profile for ray bClick Here to Email ray bSend a Private Message to ray bEdit/Delete MessageReply w/QuoteDirect Link to This Post
is it ok for the 1%ers to fix wages ?

http://pando.com/2014/03/22...e-million-employees/

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firstfiero
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Report this Post03-24-2014 04:38 PM Click Here to See the Profile for firstfieroClick Here to Email firstfieroSend a Private Message to firstfieroEdit/Delete MessageReply w/QuoteDirect Link to This Post
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texasfiero
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Report this Post03-24-2014 04:46 PM Click Here to See the Profile for texasfieroClick Here to Email texasfieroSend a Private Message to texasfieroEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by ray b:

is it ok for the 1%ers to fix wages ?

http://pando.com/2014/03/22...e-million-employees/



WHAT????

Liberal 1%ers? Price-fixing? Psshhhhhhaw!!!! Really?
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Sourmug
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Report this Post03-24-2014 05:50 PM Click Here to See the Profile for SourmugSend a Private Message to SourmugEdit/Delete MessageReply w/QuoteDirect Link to This Post
What's wrong with employers determining how much they are willing to pay their employees? If it's too low, then employees will go elsewhere. If there's no where else to go for more money then the employer has probably determined the correct amount. Market conditions.

[This message has been edited by Sourmug (edited 03-24-2014).]

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RWDPLZ
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Report this Post03-24-2014 06:26 PM Click Here to See the Profile for RWDPLZClick Here to visit RWDPLZ's HomePageSend a Private Message to RWDPLZEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
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“For each of these ‘Restricted Hiring’ companies, Google has agreed to the following protocol.
...

3. Additionally, there are no restrictions at any level for engineering candidates


So, they're fine with hiring each other's engineers and sharing trade secrets and technologies? Interesting.
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heybjorn
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Report this Post03-24-2014 07:00 PM Click Here to See the Profile for heybjornClick Here to Email heybjornSend a Private Message to heybjornEdit/Delete MessageReply w/QuoteDirect Link to This Post
I don't see the problem. If it weren't for these companies price fixing wages, there wouldn't be any jobs.
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newf
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Report this Post03-25-2014 07:02 AM Click Here to See the Profile for newfSend a Private Message to newfEdit/Delete MessageReply w/QuoteDirect Link to This Post
Never mind that it's illegal, immoral and goes against free enterprise.

Further evidence of the God like status given to corporations by some.
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olejoedad
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Report this Post03-25-2014 07:33 AM Click Here to See the Profile for olejoedadClick Here to Email olejoedadSend a Private Message to olejoedadEdit/Delete MessageReply w/QuoteDirect Link to This Post
Never mind that these companies are run by Liberal/Progressive CEOs and BoD's......and some of the biggest Obama supporters.

Thanks for bringing this to our attention, rayb!

Evil ConservativeLIBERAL 1%er's.
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84fiero123
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Report this Post03-25-2014 07:50 AM Click Here to See the Profile for 84fiero123Click Here to Email 84fiero123Send a Private Message to 84fiero123Edit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Sourmug:

What's wrong with employers determining how much they are willing to pay their employees? If it's too low, then employees will go elsewhere. If there's no where else to go for more money then the employer has probably determined the correct amount. Market conditions.



While that's a novel idea, why is it OK to cap the little guys in a companies ranks and not the CEOs?

And no they can't just go someplace else if they are all involved in the same pay fixing/cap and refusal to offer employees of another company a higher pay.

Did anyone actually read the article?

Steve

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[This message has been edited by 84fiero123 (edited 03-25-2014).]

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fierosound
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Report this Post03-25-2014 08:40 AM Click Here to See the Profile for fierosoundClick Here to visit fierosound's HomePageClick Here to Email fierosoundSend a Private Message to fierosoundEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Sourmug:

What's wrong with employers determining how much they are willing to pay their employees? If it's too low, then employees will go elsewhere. If there's no where else to go for more money then the employer has probably determined the correct amount. Market conditions.



Agreed. The problem here was the companies working together to keep the market low.
Sort of like gas companies making sure everybody charges about the same for gas.

Many engineering companies in Calgary have an understanding not to actively "poach" employees from each other because it drives up the wages and costs across the board for all the companies. While not price fixing per se, they do try to keep wages from spiraling into the stratosphere resulting from a "bidding war" for people. However, there is still the freedom for someone like me to seek better opportunitie$ elsewhere. All they have to do is put the word out that they're looking for people.

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2.5
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Report this Post03-25-2014 09:46 AM Click Here to See the Profile for 2.5Send a Private Message to 2.5Edit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Sourmug:

What's wrong with employers determining how much they are willing to pay their employees? If it's too low, then employees will go elsewhere. If there's no where else to go for more money then the employer has probably determined the correct amount. Market conditions.



I would think the purposed problem means it is not a proper open market.

[This message has been edited by 2.5 (edited 03-25-2014).]

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2.5
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Report this Post03-25-2014 09:55 AM Click Here to See the Profile for 2.5Send a Private Message to 2.5Edit/Delete MessageReply w/QuoteDirect Link to This Post
It sort of funny to me that an email trail exposed this from the likes of these companies.

"“I would prefer that Omid do it verbally since I don’t want to create a paper trail over which we can be sued later? Not sure about this.. thanks Eric”

[This message has been edited by 2.5 (edited 03-25-2014).]

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Zeb
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Report this Post03-25-2014 10:26 AM Click Here to See the Profile for ZebSend a Private Message to ZebEdit/Delete MessageReply w/QuoteDirect Link to This Post
At least Steve read the article. Some of you missed the real point. The agreement didn't set wages. It stated that these companies wouldn't poach employees from one another. They would not call you up for a job you were uniquely qualified for, and probably get, if you worked for someone on "the list".

In some cases, even if YOU APPLIED to them, they not only would discard your application, but call your boss and inform him you were looking!

Does that sound like a fair environment where you could just go somewhere else if you don't like it where you are? They cut off all upward opportunities. Some employers couldn't leave without taking a step down, and you'd never know why.
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