Blog 8 - Wages

Wages, as global leaders we have lead this nation in innovation and entrepreneurial ship. The workers who have created this have been consistently paid, in a handsome manner in most instances. Sure there are those who have been exploited, and not rewarded appropriately. Unions have helped to ensure everyone is paid their fair share, when it comes to unions. The rest has taken care of itself, management has lavishly spoiled many executive managers as well. And lastly salaried employees have benefited from this model, corporation pay them similar salaries to ensure everyone else doesn’t jump ship.

My question how much is enough of a salary, yes cost keep skyrocketing and we need to keep making more money in order to keep paying for our basic needs. As new emerging countries begin to attracted offshore work they soon will begin to raise salaries to meet new needs as their communities grow.

How much salary is justifiable enough, I believe the writing is on the wall already. I throw this out there because I just came across an article in which workers were actually getting 10% & 12% pay cuts in order to keep their jobs. Please read it and consider are we ready to consider this option in our present society? Or can we continue on demanding more and more in salary? I believe we are on the tipping point of our model in this country.  This scenario played out in the 1930’s. INDUSTRY: Next: Wages?