Perhaps if there weren’t so many “mandatory” benefits companies have to provide. Why would I pay $60 an hour when I can get 4 less-qualified people for a total of $20 a hour. Even if it takes 4 to amount to 1 American’s quality/quantity, I save $40 an hour- no-brainer from a business perspective.
Because the $60 an hour person is competent and can do twice as much work in half the time as the four turbin heads.
I worked for investment banks in graphics for 20 years.
you cold slash to the bone and if they could save five cents an hour they would move.
i’m not asking for patriotism to fly above making money, but it is SO FAR to the extreme now, that it is oligarchy and one world government economics.
Lazard, which i worked for, was told straight OUT by an OUTSOURCER, that the money they wanted to spend was ridiculous, even in India.
They still tried. Built a nice building and everything. It fell on its face in two years and i was never happier to see a oompany i worked for lose money.
Then Wasserstein, who bought out the Owners, took the company public and offered NOTHING, not even discounted stock shares, to the employees, except managing directors.
he died young of a heart attack.
gee, that was too bad.