2014-01-04

Greed is pretty good in the short-term for corporate executives and management.

It's a disaster for everyone else.

Case in point - the source behind UPS' recent holiday delivery woes -

http://www.fightbacknews.org/2013/12/28/corporate-greed-root-late-ups-holiday-deliveries?utm

UPS delivers high profits to shareholders by keeping their labor costs low, which means low wages and long hours for workers. In southern states, like Florida, UPS hires temporary workers to deliver packages using unshielded golf carts. These workers are barely paid over minimum wage. UPS cuts corners by hiring these temporary workers off of the street, rather than adding more jobs and delivery routes for permanent employees during the holidays.

UPS’s long-established practice of inadequately staffing their operations seems to have finally caught up with them. Oliver put it this way: “So then they rely on drivers who don't know their routes and seasonal loaders who don't know where the boxes go, creating a back-up in service that then makes service failures for the company and customers’ gifts.”

These companies don't want to hire more permanent employees, because more of them would insist and define and advocate for wages, standards, and practices that are better suited for the work (smart companies know how to grow and nurture business model already know this is the right thing to be doing).

Short-term and narrow-mined people don't. And I find there's often a connection between people with those kinds of attitudes, and greed.

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