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View Diary: It's Not Wage Stagnation, It's Wage Robbery (151 comments)

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  •  It's about what they can get away with (5+ / 0-)

    Workers have been little power to demand more because of the uneven playing field. My spouse and I have a computer consulting firm (we are the only employees) and we have been on multiple occasions been asked to cut our rates for a long standing client. Honestly, we don't have the ability to say "no" because we only have a few clients and can't afford to loose one.

    Just this week a client that my spouse has worked with for over twelve years just asked for a rate cut from all of their contractors. Their reason is that their IT budget is too high - whatever that means, and despite the fact that they are highly profitable company and they are completely satisfied by the work their contractors are doing they figure they can save a few bucks by just paying them less. From what we gathered, they had some big costly initiatives with third party software vendors that ran over budget, so they decided to try and make their department budget numbers look better by pulling some money out of the pockets of some their contractors who had absolutely nothing to do with their cost over runs. And yeah they can do it, because finding other Clients takes time and you can't just walk away from a paying one in the heat of the moment, however much you'd like to tell them where they can shove it.

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