Working Harder For Less ! You Bet`cha !

Working More, Getting Paid Less ?
by Tula Connell, Dec 21, 2009

Productivity rose 8.1 percent in the third quarter, the largest gain since 2003, as employers pile more on their staff. Meanwhile, pay is stagnating and worker stress increasing because of the larger workloads and the constant fear of being thrown out of a job to join the more than 15 million workers officially unemployed. A Los Angeles Times story points to how rising productivity, while good for the economy, is not benefiting America’s workers. According to Thomas A. Kochan, a professor of management at MIT’s Sloan School of Management, productivity gains are troubling because so far, they haven’t been accompanied by wage increases….The threat of outsourcing has also made employees more reluctant to press for higher wages, he said, when they know that if they push too hard, their jobs could disappear. The result? Anxiety is rippling across the workplace. A survey by Career Builder released last month indicated that a quarter of employers rated their employees’ morale as low. Nearly half of employees said their workload had increased in the last six months, and 40% said their stress level at work was high. About one in five workers surveyed were dissatisfied with their work-life balance. Read the full article here.

Editorial : Work harder and faster for less money, or we`ll move it to CHINA ! Has become The Industry motto.