http://www.hexus.net/content/item.php?item=6016So what's this InfoTech ranking about? Companies are ranked based on return on equity, shareholder return, revenue growth and total revenues. So, the more you increase your revenue and the happier you make your shareholders, the higher you are up the ranking.
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Errrrr...Foxconn? I'm not surprised they're doing well....
Ever since that story initially broke I've felt it was somewhat over-hyped, although I cannot argue with Foxconn owning up to overworking some of its staff.
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80 hours is about two weeks extra required work at minimum wage per month. If you were told that you had to do that - not that you were being asked whether you'd work some extra hours but were actually required to - would you feel that concern was "over-hyped" or would you feel that your employer was treating you like crap?
That's not what I dispute. The original story quoted amounts that people earned in US dollars with absolutely no indication of how that fitted into the local economy. So from there on in, I started being a bit skeptical about it all.
Anyway, Foxconn's shareholders seem to be doing well, even if some of their staff aren't. So much for fairness.
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