Wednesday, August 29, 2007

Equal pay for equal work

Let's say there's this guy named Tom. Tom works for a cell phone company's call center. He is the voice of the cell phone company - especially when dealing with irate and upset customers. Tom is the one who customers will remember. Tom has the ability to win over or lose customers.

He processes orders, fixes billing mistakes, calms down customers, files reports, talks to customers and potential customers 8 hours day, and (for some companies) must meet a certain quota of sales or retentions in order to keep his job. Tom sits in front of a computer all day - with an hour for lunch and 2 15-minute breaks. (In a lot of call centers - there are no windows or natural light).

Then there's Mike. Mike works in a factory that builds cars. He is a robot technician and he is responsible for programming the robots that build part of the cars. Mike is also the troubleshooter and repair man whenever any robot fails or malfunctions. Mike too works 8 hours a day in a loud and noisy environment. His breaks are the same as Tom's.

I know these are very simplistic profiles - but go with me here...

Without these employees (and thousands others like them) companies wouldn't able to function. It is these people who actually make the corporations products or carry out their services. What does Ford do? They make cars. Who actually makes the cars that earn Ford so many millions of dollars in profits? Mike - and thousands of others like him.

So why is it that CEOs feel entitled to make millions of dollars per year? They get posh offices, private jets, lush compensation packages, health care, life insurance, guaranteed pensions, and other benefits. At the same time their employees - those who make the company the company, take pay cuts, and lose pensions and benefits; some after 35 years of dedication to the company.

Are they really that much more important than the Toms and Mikes? No way. That's why this is pretty disgusting.

And you'd be mistaken to buy into the fabrication that our economy is growing and we're all doing well. For a good breakdown of American income gains, poverty levels, and the state of our economy, read this.