www.mercurynews.com/2018/05/01/h-1b-abuse-bay-area-tech-workers-from-india-paid-a-pittance-feds-say/amp/
3 replies (most recent on top)
“Render to Caesar what is Caesar’s”.
Gotta pay the workers what is due the workers.
With power comes great responsibility and even greater expectation.
Throw the SOB in jail.
When an Indian promoter is involved it is always about low pay exploitative employment. Indian IT firms are know for cartels that control wages and use enslavement practices with government support.
Indian forms fired 200000 IT workers aged 40 and above in the years 2015 and 2016, to boost profits, so that CEO's VPs and Directors can show extra cost saving and make 200% higher bonuses
https://scroll.in/latest/862961/top-it-firms-have-formed-a-cartel-to-keep-entry-level-salaries-low-says-former-infosys-board-member
Major companies in the information technology sector in India have formed a “cartel” to keep salaries for entry-level engineers low, former Infosys board member TV Mohandas Pai has claimed, calling it “ethically and morally wrong”. He said these companies take advantage of the “over-supply” of engineers, PTI reported on Wednesday.
“There is a cartel...there is no doubt,” Pai said. “They [big IT companies] talk to each other, they sometimes tell each other not to increase [entry-level salaries]. That’s been there for a long time.”
The former chief financial officer of Infosys urged top companies in the sector to pay better salaries to freshers. “They can afford to pay better salaries,” Pai said. “They have to make sure they don’t pay more at the top, and they pay more at the bottom. They have to learn to adjust.”