24 January 2008
People Who Should Have Their Asses Kicked, IBM Edition
This might also be titled, "Management victims who really need to join a union".
You know, after 10 years of thinking of IBM as the antiChrist, I had finally replaced them with Microsoft, but this story has me reevaluating.
If they are not the antiChrist, they are at least a minor minion of Chtulhu.
As often happens, companies sometimes get spanked for not paying overtime to its workers, usually for being stupid. It happened to IBM, and they had to pay $65 million in back pay, and they reclassified about 7600 workers as "non-exempt", meaning qualifying for overtime pay.
IBM took another step too, they cut the base pay of these workers by 15%.
If you do the math, they have to work 45 hours to earn what they previously made at 40.
And economists wonder why the average American is not satisfied with our "wonderful" economy.
BTW, I think you could make an argument that this is illegal retaliation. Talk to a class action lawyer.
You know, after 10 years of thinking of IBM as the antiChrist, I had finally replaced them with Microsoft, but this story has me reevaluating.
If they are not the antiChrist, they are at least a minor minion of Chtulhu.
As often happens, companies sometimes get spanked for not paying overtime to its workers, usually for being stupid. It happened to IBM, and they had to pay $65 million in back pay, and they reclassified about 7600 workers as "non-exempt", meaning qualifying for overtime pay.
IBM took another step too, they cut the base pay of these workers by 15%.
If you do the math, they have to work 45 hours to earn what they previously made at 40.
And economists wonder why the average American is not satisfied with our "wonderful" economy.
BTW, I think you could make an argument that this is illegal retaliation. Talk to a class action lawyer.
Labels:
Business
,
Evil
,
Labor
,
regulation
,
technology
0 comments :
Post a Comment