Will Apple, Foxconn, & Sweeteners Satisfy Labor Activists?

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Bolaji Ojo
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Re: Foxconn wages
Bolaji Ojo   2/20/2012 8:36:46 AM
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Nemos, Do you think the Chinese workers care? I doubt Chinese workers spend any time thinking about the impact of outsourcing on Western workers. Which brings to my mind another question: why should Western workers care if Chinese workers get fairly compensated? Is this all about self-survival, that is, if their salaries rise in China, perhaps OEMs will transfer jobs back?

Bolaji Ojo
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Re: Does it add up
Bolaji Ojo   2/20/2012 8:22:52 AM
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Flyingscot, That's the mystery. How can a company increase its costs so dramatically and customers don't feel it? The increases over the last two years have added up to a more than 300 percent hike in wages so somebody is taking a hit or the company is not telling the whole story. It's possible the wage rise is not company wide but affects only certain workers.

Nemos
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Re: Foxconn wages
Nemos   2/20/2012 2:57:52 AM
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"In the long run this could hurt the prospects of industrial progress there."


I don't know where you are Living, but if you are living in Europe, it is now clearly that the low-wage incomes in China leading Europe in high unemployment rate because all the factories go there.

stochastic excursion
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Re: Foxconn wages
stochastic excursion   2/19/2012 11:50:36 PM
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I agree that giving the workers more of a fair deal is a step in the right direction, but will this just lead to the kind of monetary inflation we don't want to see in China?  In the long run this could hurt the prospects of industrial progress there.

Nemos
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Re: Foxconn wages
Nemos   2/19/2012 7:17:41 PM
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Nice observation Dave, and the answer is of course not . The monthly incomes doesn't have to do with the working conditions but it is something for the moment.......

Anne
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Re: Foxconn wages
Anne   2/19/2012 3:34:30 PM
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If the level of worker salaries could go up to 25 percent, hope they won't be working at excessive hours to complement the increase.

Susan Fourtané
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Re: Foxconn wages
Susan Fourtané   2/19/2012 12:45:21 PM
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Hi, Dave 

Good question. I don't believe money is going to make workers conditions more tolerable if that is the main problem. As for the suicides, I prefer not to make assumptions in this topic as much of ending their own lives in many countries is part of the culture and we are not going to undertand this. There are similar working conditions in western countries, and we don't hear of workers comming suicide, do we? 

-Susan 

Dave Sasson
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Re: Foxconn wages
Dave Sasson   2/19/2012 12:02:12 PM
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Wage increases seem like a good idea, but I recall many of the workers are complaining (and those ending their lives) due to the working environment and conditions.  Does more money make the working conditions more tolerable?

Susan Fourtané
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Re: Foxconn wages
Susan Fourtané   2/19/2012 10:29:26 AM
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Taimoor, 

That's a good observation as the wage rise came in perfect timing with the audits. I don't believe Foxconn cares about ethics either. 

-Susan 

TaimoorZ
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Re: Foxconn wages
TaimoorZ   2/19/2012 7:13:37 AM
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I think the wage rise given to the workers might be an incentive to them to give positive feedback to the auditors and not highlight the problems they have been facing. I'm not sure Foxconn cares too much about ethics so won't be surprised if that's the case.

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