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[Toms] Foxconn Workers Getting Another Raise Up to 66%

post #1 of 13
Thread Starter 
Quote:
The upcoming raise, which will take effect as soon as October, could boost wages by up to 66 percent to 2,000 yuan per month ($293 USD) for employees that pass a three month performance review, according to Reuters. Foxconn did not detail what the evaluation would be based on.
http://www.tomshardware.com/news/hon...ers,10615.html

If its a repost, send me the link, and i will close the thread, and add it to the OP.
post #2 of 13
The global economy will be in ruins before october. So big flipping woo.
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post #3 of 13
Really? Jesus, how long untill workers in other factories start to get jealous and do the same thing... its going to screw everything up
post #4 of 13
How long must the workers be working to get $250 a month?
    
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post #5 of 13
Quote:
Originally Posted by jammy4041 View Post
How long must the workers be working to get $250 a month?
250 years, 34 hours a day, 9 days a week.
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post #6 of 13
never mind
post #7 of 13
might be good so that another foxconn worker doesn't try to commit suicide
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post #8 of 13
Quote:
Originally Posted by joemunky View Post
Really? Jesus, how long untill workers in other factories start to get jealous and do the same thing... its going to screw everything up
Other companies wont get jealous and do the same thing.

What could happen is that the employees at said factories quit and move to Foxconn, or simply nobody changes, the price of Foxconn products goes through the roof and they eventually go bankrupt because nobody wants to buy them.

Who knows.
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post #9 of 13
Unless they were making obscene profits before the raises, I don't see how this is at all sustainable.
    
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post #10 of 13
Quote:
Originally Posted by angrysasquatch View Post
Unless they were making obscene profits before the raises, I don't see how this is at all sustainable.
They were. Products we are paying $400 for are coming from workers making 20 cents an hour. There's not enough cost in the middle to justify the percent increase outside of pure profit.
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