Posted on 12/29/2016 6:28:59 PM PST by Ernest_at_the_Beach
How many times are you going to repeat that lie? You've been provided the actual facts dozens of times before and yet you still repeat the lie.
The fact is that the plant where the spate of suicides occurred in 2010 was making Microsoft Xboxes, Nokia phones, Sony Playstations, and HP computers.
Not a single employee of FoxConn's working on Apple's assembly lines ever committed suicide. NOT ONE! In addition, the employees who worked on Apple products had to be high-school graduates at minimum and were not "coolies" a derogatory, offensive term for unskilled Asian field workers.
In addition, as you've been told with linked proof, the suicide rate among FoxConn's 1.5 million workers, was even during the highest period, far lower than the suicide rate among similar age groups in US Ivy League Universities by a factor of TEN!
So drop this FALSE hobby horse of yours you repeatedly post. You've been told and shown the facts, so quit posting the LIES.
A 2012 audit of Foxconn performed by the Fair Labor Association, at the request of Apple Inc., suggested that workplace accidents might be commonplace, and that workers may consider overtime pay insufficient.[42]
Thanks to Ernest_at_the_Beach for posting, and dayglored for the heads-up.
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That 2012 audit where you cite "workers consider overtime pay insufficient," actually cited the workers' dissatisfaction with the cut-back in opportunity for overtime hours, not the pay rate, which was instituted due to the 2010 University report which criticized the excess voluntary overtime hours workers were utilizing to often double their weekly hours worked, and limited overtime allowed to 20 hours per week and 60 per month. This lack of overtime cut into the money the workers had been routinely sending home to their families. China does not have a 1.5 overtime rate. Overtime in China is paid at regular hourly rates.
The suicide rate among FoxConn's workers in 2010 was 0.75 per 100,000 per year. The suicide rate among the same age cohorts in US Ivy League Universities is 11 per 100,000 per year. China's national suicide rate in that same age cohort is 8 per 100,000 per year! Young people are less inclined to commit suicide IF they have a job at Foxconn than if they work elsewhere!
In 2013, Foxconn had ZERO suicides among its 1.5 million employees, and only one in 2014.
That stuck out to me too. It seems to be an obscure techie nickname, apparently derogatory, for Microsoft.
And they *still* “can’t afford” to hire Americans. Or pay for decent QA.
From an article I wrote here on FR over ten years ago:
So clearly, there has been a great rush to send all kinds of work overseas. But WHY? The usual answer is To be cost competitive. We could not survive as a company if we continued to pay exorbitant American salaries. Is this really true? Consider Microsoft. One of its managers, Brian Valentine, was quoted in a trade magazine as saying Think India! Two for the price of one! But before its big dividend payout, Microsoft was sitting on some $50 billion (with a B, folks)--in Cash. And essentially no debt. Are you telling me Microsoft has to pinch pennies on salaries, because they cant afford to compete otherwise? Lets do the math. MBA types like to talk about comparing expected return on investment to the risk-free rate of return, US Treasuries. If Microsoft had just invested that money into US Treasuries, even when interest rates bottomed out at about 2%, they would have had $1 billion /year, CASH, with which to pay American programmers. And this would have been without touching the principal and without affecting cash flow from continuing operations.
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