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Issue link: https://digital.macdirectory.com/i/1509247
While they were at the table, they needed to have a heart to heart about establishing about some AI guiderails. Unions here and abroad have experienced a resurgence since the pandemic making inroads into nonunion companies like Starbucks and Amazon while gaining increased support with the public at large. For folks who aren’t the one percenters in industry and in the U.S. take home pay, healthcare and pensions were the primary concern. 2023 could go down as the most labor active year in more than 40 years according to many industrial relations officials. Across the country more than 400,000 workers have gone on strike – healthcare workers, railroad/airline employees, teachers, delivery workers, factory workers, service employees, auto workers and yes WGA/SAG-AFTRA professionals. The dissatisfaction isn’t just confined to the US because people across the globe have been putting down their tools and picking up strike signs in Germany, New Zealand, UK, France, Israel, Ireland, South Korea, China and well just about everywhere. The good thing is they aren’t as violent as during the last century and a lot more professional. Shawn Fain UAW president positioned their strike as “a battle of the working class against the rich, the haves versus the have-nots, the billionaire class against everybody else.” Fran Drescher, head of the 160,000 film/TV actors’ union (SAG-AFTRA) was nicer noting, “They plead poverty, that they’re losing money left and right when giving hundreds of millions of dollars to their CEOs. It is disgusting. Shame on them. They stand on the wrong side of history.” Yeah, but you really can’t blame the CEOs, studio heads for making so much because they don’t really set their own salary. Even the shareholders don’t. Ok so one time they said “H*** no,” but that’s a rarity. The organization’s board hires an “independent” compensation consultant to recommend the CEO pay plus bonuses, plus equity, and plus other compensation. In other words, it’s complicated. Of course, if they didn’t like the offer, we guess they could go for a more lucrative job like…politics. Sorry…we just couldn’t resist. The pandemic only reinforced what respected management consultants have said for years…every employee – not just the CEO – contributes to the firm’s profits. In fact, their job is to help them, not get in their way.