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Do workers in India have no rights? Why do they work for nothing when their CEOs make millions?

See the compensation for this company that has 99% of its work force in india: http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?symbol=CTSH Top Compensated Officers Mr. Francisco D'Souza Chief Executive Officer, President and Direct... Age: 38 Total Annual Compensation: $432.0K Then check his total compensation: http://investing.businessweek.com/research/stocks/people/person.asp?personId=386042&symbol=CTSH.O Total Annual Compensation$432,000 STOCK OPTIONS* Restricted Stock Awards$66,175 All Other Compensation$7,750 Exercised Options70,000 Exercised Values$2,935,975 Exercisable Options832,500 Exercisable Values$22,251,975 Unexercisable Options187,500 Unexercisable Values$43,125 Total Value of Options$25,231,075 Total Number of Options1,090,000 TOTAL COMPENSATION* Total Annual Cash Compensation$778,651 Total Short Term Compensation$432,000 Other Long Term Compensation$73,925 Total Calculated Compensation$1,777,883 He is making almost 2million a year! What are his workers making? Are there no unions in India? Do the workers have no rights? What is a fair wage? Sports stars- they make so much money because if they didn't get it, it would go into the owners pocket. They are the product, they deserve as much money as anyone. Same with workers and their rights. Tell me what a fair wage is? If they are reselling the services for $80/hr in the states, then wouldn't a fair wage be $20/hr? It is 1/4 of what is taken in You can check what the CEO of Coca Cola makes and Cognizant. You can even see how long you would have to work to match their salaries. Just be sure to enter in the figure you are making in India http://www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm#C Here is the link for the cognizant ceo: http://www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm?tkr=CTSH&pg=1 raju, What kind of elitist attitude is that ? The workers are valueless without their head In the case were the workers are the product, like IT, nothing could be further from the truth. In IT, workers are not compartmentalized into engineers, and assemblers, so their individual importance is marginalized. You are marketing the people and their skills. They are everything. They deserve a fair rate based on the market the customer is doing business in. It is called prevailing wage. Unions demand this on their job sites, and workers should be demanding the same for their work. You should read something about it. http://en.wikipedia.org/wiki/Prevailing_wage

Public Comments

1. they know everything but the fact is they don't know how to use their rights.
2. They get paid a fair wage and are more than happy with there work. If they wernt working someone else would gladly take there job. Thats basic economics
3. This is how it is in every country.... not only India.
4. unable understand what r u trying to say. this is happening in each and every country. the salary.perks of CEO s all across the world are like this . Indian has the best unions in the world and workers do have all they rights they wont enjoy even in USA.Why talk about India only. Please see the details of Coca Cola company in US. compare the salary of the CEO with the salaries given to ordinaly workers working for coke IN USA itself. your will come to know that the salary/perks u have quoted in your question just fade away in front of what coke or pepsi ceo gets. u have just got hold of one companies details try to see details of all big corporations in US ( or anyother country ) , see the earnings of their CEOs and the earning of normal manager. You will get shocked. this is happening all over the world and is quite a normal routine. u dont have to point ur fingers at India only. broaden your knowledge and do more research.
5. . You know why does an IAS officer needs to have that much power? Even clerk can have the same power. When someone invest the money he will not give the management to some Tom, Dick, Harry. He will look for some skills that skilled person can ask the compensation suitable for him Like Sports star these are products. If they do not take it will also go to owner’s packet Because he manages those workers. He is responsible if the company makes loss or profit. It is like asking why engineer and construction workers are not getting the same wages. Even if you mange the small company you know what are nuisances of managing the people and money. He is capable of taking that learned decision. Reading the accounts between the lines. Unless he has not proven his capacity no one will pay him that. Read some thing about the management. Why someone has to go for management school? To learn these skill