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Saturday, May 10, 2014

Wage theft hits software engineers as well as fast food workers

A New York Times editorial points out that software engineers and fast food workers are more similar than we might think: Both groups are affected by wage theft.
    In the days ahead, a settlement is expected in the antitrust lawsuit pitting 64,613 software engineers against Google, Apple, Intel and Adobe. The engineers say they lost up to $3 billion in wages from 2005-9, when the companies colluded in a scheme not to solicit one another's employees. The collusion, according to the engineers, kept their pay lower than it would have been had the companies actually competed for talent. [...]
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    The case essentially alleges white-collar wage theft. The engineers were not victimized by the usual violations of labor law, but by improper hiring practices against their interests. The result, however, was the same: Money that would have flowed to workers in the form of wages went instead into corporate coffers and from there to executives and shareholders.

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