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Richard Scott Pearson
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I do business in China and we cannot impose our values on their society. FoxCom employees about 400,000 people and the vast majority are very happy to have the job. If you take any US city of 400,000 people there is a much higher rate of suicide than workers at FoxCom. Last year wages and incentive pay were substantially increased - not because of bad press but because workers all over China are demanding higher wages. 70% of China's population still lives on the equivalent of $1400 USD a year - so employment at companies like FoxCom is very prestigious and lifts whole families out of poverty. Incidents at these companies are investigated by the Chinese gov. and they cannot get away with unsafe conditions like they could at one time. These new factories have modern campuses and sure, just like any large manufacturing companies around the world industrial accidents happen.
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Jan 27, 2012