Makers and Takers
Here is the kind of situation Mitt Romney could vote for:
…the United States Department of Labor just caught EFI red-handed in an investigation, which found that “about eight employees” were flown in from India to work 120-hour weeks for $1.21 per hour. EFI apparently thought it was okay to pay the employees the same wages they’d be paid in India (in Indian rupees). Here’s the unbelievably crazy sounding quote EFI gave to NBC’s Bay Area affiliate: “We unintentionally overlooked laws that require even foreign employees to be paid based on local US standards.”
“We didn’t know an American company was supposed to follow the law!”
In their defense, I imagine that is a common refrain on the rare occasions a large American corporation is busted.
The company earned $109 million last year and awarded CEO Guy Gecht with a pay package valued at nearly $6 million, including more than $1.2 million in salary and bonuses.