Wage theft. Hmmm
Wage theft is the illegal withholding of wages or the denial of benefits that are rightfully owed to an employee. Wage theft, particularly from low wage legal or illegal immigrant workers, is common in the United States. Wage theft can be conducted through various means such as: failure to pay overtime, minimum wage violations, employee misclassification, illegal deductions in pay, working off the clock, or not being paid at all. These violated rights have been guaranteed to workers in the United States since 1938 by the Fair Labor Standards Act (FLSA).
Purposefully depressing wages so as to drive up stock prices and CEO bonuses? While fully realizing that the whole idea behind the free market is to make profit, I can’t help but wonder why it seems to be anathema to actually pay employees a wage that allows them to live and DREAM….to experience life and find enjoyment. As opposed to what we have now. And what we have now are corporations who seek to pay the LEAST to their employees for the maximum output. Corporations expect an employee to give them their all. Corporations seek, in exchange, to pay employees as little as possible while remaining “competitive” in the job market.
This is one factor that is driving the Education bubble. Millions of over educated idiots in debt up to their ears because employers expect a college degree in order for one to be hired to work at jobs that require no such education.
That could be “wage theft.”
Or it could be something else entirely.
Technically, every job that I’ve had requires a 4 year degree. However, I’m great at building networking relationships and bold enough to tell employers that I am better than most of their “degreed” employees. I then set to prove that I am and, in most, cases accomplish this.
I have held several jobs that “require” a Masters and prior experience as a Major or Colonel in the Military. Yet, I have outperformed many of the folks who actually meet these requirements. I can’t say that I’m a genius or all that special.
I believe that corporations expect too much and give too little in return. Making matters worse is the US public education system is not designed to produce leaders or trail blazers. Nearly all of American brilliance forges ahead despite of and not because of the education system of America. It’s all a sham designed to produce fodder for the Corporate War Machine.