Real Wages Fail to Match a Rise in Productivity

CashAccording to the NY Times, Real Wages fail to match a rise in Productivity. The Article also notes: At the same time, corporate profits have climbed to their highest share since the 1960’s.

What a A big Shock. Don’t know about other industries, but Information Technology has been like that for at least 4 years. This isn’t so much a Corporate Issue as much as people want the best but are unwilling to pay for it.

To make life more amusing, Corporations look at their I.T. staff as if we are merely a “Cost Center” and nothing more. That attitude always amuses me as, Yes, the Business partner generates direct revenue, but can they do it without the services provided by I.T.? I think not.

Music I’m listening to right Now:
Chasing Cars” by “Snow Patrol” from the “Eyes Open” Album.

2 responses to “Real Wages Fail to Match a Rise in Productivity

  1. Our jobs will be extinct one day…due to outsourcing..i am surprised you haven’t been hit with it yet..

  2. Yep, “Outsourcing” is the current managerial Buzz word of CEO’s. I know of several companies that HAVE outsourced things like thier helpdesk.
    Follow this “Logic”:
    * Existing helpdesk has a Good Problem turnaround.

    * Fire them all

    * Outsource to a Company, Oh, lets say HP who manage several companies at once and then the Turnaround is messured in Weeks.

    But Thank Goodness they “save” money!

    It’s just Dumb.