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Subject: Just When You Thought It Was Great To Work For A Living

Written By: danootaandme on 08/30/11 at 4:04 am

http://www.otherwords.org/articles/a_tip_for_joe_the_machinist_watch_your_back


.....analysts offer an example of the "significantly overpaid" worker they have in mind. They call him Joe the Machinist, "a stellar employee who knows the ins and outs of the organization, the result of his many years on the job."

Joe's "wealth of institutional knowledge" has become a valued corporate asset. But Joe, after over two decades on the job, is making a lot more than he used to make, especially "compared with co-workers who have been doing the same job for just two years."

Corporate America, the Booz & Co. advice continues, now needs to "address these kinds of wage disparities." Companies need to start "retooling labor costs" to narrow "the gap between high wages and market value."

Subject: Re: Just When You Thought It Was Great To Work For A Living

Written By: philbo on 08/30/11 at 9:29 am


Companies need to start "retooling labor costs" to narrow "the gap between high wages and market value."


Well, if they start at the very top...

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