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Employee Abuse Runs Rampant In America

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Corporate culture, HR hound dogs who hunt the squeaky wheel, bullying, abuse and politics abound for working America today.  For those who still have a job, America has turned into a survivor game.  No longer are workers respected and treated as human beings.   Even those most educated and skilled are treated like pond scum

The Boys Club of Tech Perpetuated by Foreign Worker Visas

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It is 2013 and a dirty little secret is once again coming to light.  Silicon valley is devoid of women computer scientists and engineers.   It all started at a tech conference where two men in the audience were engaging in tech's typical juvenile sex jokes chatter with a woman techie sitting right in front of them.

Startling Statistics on Workplace Abuse

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workplacev iolenceA little holiday story caught our eye. Work is the last thing people are grateful for.

Research suggests that employees who feel appreciated are more productive and loyal. But that message hasn't reached many of those in charge. Some bosses are afraid employees will take advantage of them if they heap on the gratitude. Other managers believe in thank-yous but are nervous about appearing awkward or insincere—or embarrassing the employee they wish to praise.

A common attitude from the corner office is "We thank people around here: It's called a paycheck,"

Generally work life in America has gone downhill and downhill fast. We're not talking about the millions who can't find a job, or the stagnant wages, but for the ones still working, it's anything goes at work, including bullying and abuse.

Bullying in the workplace is common. In 2007, before the recession half of all workers had at least witnessed some form of workforce bullying. Of those bullied, 57% were women. A 2010 Careerbuilder survey showed 37% of all employees directly experienced workplace bullying.

America is Great, Just Not for Most People Who Work for a Living

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despairThe never ending stream of bad news for the U.S. work force cascades upon us like a tidal wave of despair. A host of studies have come out which put into numbers what most of us know, the American worker is being taken to the brink of financial ruin and even death.

Suicide has replaced motor vehicle accidents as the leading cause of death by injury and has increased 15% since 2000. While most people who commit suicide has psychiatric disorders, the fact is higher incidents of suicide do happen during bad economic times. Even more amusing is the government response, as if the best cure for feelings of despair, low self worth is not a damn job along with a healthy dose of respect for working people.

Homeless rates have actually not changed between 2009-2011, but that's only due to a large grant by the Federal government to keep more people sheltered. Now that funds have run dry and under attack by deficit hawks, expect homeless numbers to rise.

Despite the fact that the number of homeless people was essentially unchanged between 2009 and 2011, there is much reason for concern. As this report points out, economic and demographic indicators linked to homelessness continue to be troubling. Homelessness is a lagging indicator, and the effects of the poor economy on the problem are escalating and are expected to continue to do so over the next few years.

Saturday Reads Around the Internets - Swear Words Are Now Appropriate

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shocknews Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop.

 

Corporations Park Over 60% of Their Cash Offshore

Large multinationals literally park 60% of their cash offshore. Don't let these facts argue for a corporate tax holiday. Cash would just be distributed to shareholders, not used to hire American workers or invest in America.

Large U.S. companies are holding at least 60% of their cash overseas with some keeping nearly all of their cash balances offshore, according to a study from J.P.Morgan accounting analysts published Wednesday.

In a review of disclosures, the bank’s analysts found that out of the $974 billion in cash on the balance sheets of 602 U.S. multinationals, at least $588 billion, or 60%, is sitting in foreign accounts.

“Foreign subsidiaries are becoming much more important in a lot of businesses, especially with companies that have substantial amounts of intellectual property,” JP Morgan accounting analyst Dane Mott told CFO Journal, noting that many of the companies with significant overseas cash stockpiles were in the technology and pharmaceutical industries.

J.P. Morgan found that Apple had the highest offshore corporate cash balance, with $74 billion held overseas, representing 67% of its total cash holdings. But as a percentage of total cash, J.P. Morgan said the company had a smaller amount sitting offshore than many of its tech rivals, including Microsoft, Cisco, and Hewlett-Packard, which had 89% or more of their cash overseas.

Too Many People - Too Little Work

One of the current problems in the developed world is that there is too little work to go around. As the two biggest areas of traditional enterprise (manufacturing and agriculture) have become increasingly mechanized, the number of people needed has declined.

In much of the industrialized world agriculture now requires under 5% of the workforce. Many industrial firms typically run at 70-80% of capacity. Societies have adapted in two ways, the most commonly considered is the rise of services, the other is the creation of new products of marginal utility. Even these steps have not solved the problem, the unemployment rate is kept at a modest level, but the percentage of people employed continues to decline. The two numbers don't track because official reporting agencies exclude various categories of the non-working from the labor force.