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[MW]Foxconn to pass along rising wage costs to customers - Page 4

post #31 of 72
How much more effective and cheaper would an 8 hour work day be? Small pay raise to midigate the loss in income and you might actually end up with more productive and happier employees.

I work 30+ hours a week washing dishes and making burgers for fast food. Its a stressful job with minimal rewards. If they gave me an extra day off, I would be happier then if I got a dollar raise.
post #32 of 72
Quote:
Originally Posted by vincentfkc View Post
rofl, u believe that?

i don't believe anything Chinese government says since I am a Chinese!
Yes, I do, because it was true and Foxconn paid the families of those 10 that have committed suicide.

It was just announced yesterday that they would not pay for any further suicides.

http://www.msnbc.msn.com/id/37569922...orld_business/
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post #33 of 72
Quote:
Originally Posted by saulin View Post
Why did these idiots killed themselves again? How is that the company's fault? If it's such a bad place to work why not just quit?
How are they idiots? They don't have a choice it's NOT america it's CHINA they live there and I read somewhere it has the best working conditions.

The company's working conditions probably does suck and the way they treat there employees.
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post #34 of 72
*looks at my bill for a new motherboard*

GST 5%
PST 8%
SUICIDE TAX %13
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post #35 of 72
As Stephen Colbert said the other night (I paraphrase) "Heroes, you know I love me some high tech gadgets and I have two rules about that: I want them dirt cheap...and I don't want to know why they are dirt cheap." I think that probably speaks for most of us. We want tech, but we don't want to pay (US-worker) rates for it.
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post #36 of 72
Two things
1 - the wage increase was 133%, a slightly more than doubling, it will work out to be 13% of Foxconn's revenue, so expect at least a 10% increase in prices, which could work out to be more than $5
2 - China's PPP is around 8x its GDP, which means while someone might only make $100 a month if you convert it into USD, it's purchasing power is equivilant to $800 USD, its still lower than income here, but its not as much as you think. Eg. Stuff you buy at Walmart for $20 costs only $2 to make, and Chinese consumer pays $3, you are paying $20 because Walmart is taking the other $18.
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post #37 of 72
Quote:
Originally Posted by Stealth Pyros View Post
Yes, I do, because it was true and Foxconn paid the families of those 10 that have committed suicide.

It was just announced yesterday that they would not pay for any further suicides.

http://www.msnbc.msn.com/id/37569922...orld_business/
then why dont You (US) believe What Chinese government says about "Dalai Lama".
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post #38 of 72
Quote:
Originally Posted by vincentfkc View Post
then why dont You (US) believe What Chinese government says about "Dalai Lama".
I honestly don't know a thing about that; I stray far from religion, so that's not my topic. I don't know what Chinese government says about him...
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post #39 of 72
Meh better living standards. That is all I ask. Until then I'm not buying from foxconn.
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post #40 of 72
Quote:
Originally Posted by iewgnem View Post
Two things
1 - the wage increase was 133%, a slightly more than doubling, it will work out to be 13% of Foxconn's revenue, so expect at least a 10% increase in prices, which could work out to be more than $5
2 - China's PPP is around 8x its GDP, which means while someone might only make $100 a month if you convert it into USD, it's purchasing power is equivilant to $800 USD, its still lower than income here, but its not as much as you think. Eg. Stuff you buy at Walmart for $20 costs only $2 to make, and Chinese consumer pays $3, you are paying $20 because Walmart is taking the other $18.

Yo, please don;t use US way to look at China.

You know most of Chinese pay more on 。

Stuff you pay at walmart is way lower than Chinese

Because Chinese government charges more tax than US

for example, When u buy a shoe (e.g. name brand), you pay $50 in US, but u have to pay 75 or even 100 in China

Amazing, isn;t it
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