|

The Costs & Perils of an Underpaid Labor Force

View comments: newest first | oldest first | threaded
Jacob
User Rank
Supply Network Guru
Re: The Costs & Perils of an Underpaid Labor Force
Jacob   4/9/2013 2:35:54 AM
NO RATINGS
1 saves

"Another thing, in Arab countries you dont pay any tax but in India you pay huge tax on your salaries. So ofcourse for the same job you get good money in Arab."

SP, yes in some of the countries income from salaries are exempted from taxes. But they may put some other restricts like certain portion of that money has to be spend in that country itself. I mean we cannot take the entire cash out of the country.

SP
User Rank
Supply Network Guru
Re: The Costs & Perils of an Underpaid Labor Force
SP   4/8/2013 1:38:18 AM
NO RATINGS

@Jacob, ya the salaries in India/China is not the same as in Arab countries. Also the nature of job  not the same. No employer keeps employee's passport in India compared in Arab countries. Also the democracy is another thing. You are free to say and do anything in India.

Another thing, in Arab countries you dont pay any tax but in India you pay huge tax on your salaries. So ofcourse for the same job you get good money in Arab.

Jacob
User Rank
Supply Network Guru
Re: The Costs & Perils of an Underpaid Labor Force
Jacob   4/5/2013 3:33:36 AM
NO RATINGS
1 saves

"When you outsource a work the labor say in Asian countries still get higher or comparatively good wages as per the base country they work in. These wages are definitely much less when compared to Western countries, so there is absolutely nothing wrong. Its win win for one who is outsourcing and one who is getting the work."

SP, when MNCs are outsourcing to Asian countries, they are counting /converting the base currency in to Dollars. So obliviously they have some advantages. Salary in each country is fixed based up on the living standards and nature of work. Salary in India/China may not be same for Arab countries.

Jacob
User Rank
Supply Network Guru
Labour Cost
Jacob   4/5/2013 3:30:26 AM
NO RATINGS
1 saves

"Labor is expensive. It's expensive for a reason. A true living wage (as we learned in post-World War II America and as we are learning once more in the burgeoning cities of China) is the predominant source of wealth and growth for a genuine middle class. "

David, I think labour costs are fixed on money value and living standards within the country. So there is no justification in converting it with another currency or comparison with other countries.

SP
User Rank
Supply Network Guru
The Costs & Perils of an Underpaid Labor Force
SP   4/4/2013 7:50:47 AM
NO RATINGS

Its difficult or not appropriate to compare outsourcing with buying and selling of African slaves. Both are two different things. When you outsource a work the labor say in Asian countries still get higher or comparatively good wages as per the base country they work in. These wages are definitely much less when compared to Western countries, so there is absolutely nothing wrong. Its win win for one who is outsourcing and one who is getting the work.

While one can do this with a process oriented work like shoe making or anyother maintenance job. But for R&D and manufacturing a second thought can be given, what happens if your design gets copied, what if not delivered in time per the quality.



More Blogs from The Sanity Clause
Although honesty in corporate presentations at the CES is typically not treated as the best policy, Gil Pratt, Toyota Research Institute CEO, bucked that trend and leveled with his audience here about the real future of autonomous cars.
Toyota announced at CES that it will put a mass-market hydrogen fuel-cell car on the road in 2015.
Westerners who paint China as a land of opportunity fail to see the precarious foundation it rests on.
Companies, bless their stony hearts, are telling their shareholders that they can take their concept of open information and shove it.
What does the Japanese DRAM business have to do with sumo wrestling? More than you'd think.
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.