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‘Hold them captive’: Australian billionaire boss aims to end staff going out for coffee
(www.theguardian.com)
this post was submitted on 30 Aug 2024
431 points (98.2% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
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Our Goals
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Have a friend who got his PhD in Australia, in neuroscience. He's got enormous personal debt, his department is chonically underfunded, he has two grad students to his name, and he's got to spend every semester writing these long winded grant proposals to maintain any kind of budget.
Then six months ago, a recruiter from Fudan University reaches out to him. Flies him out to Shanghai, wines him and dines him, shows him around the campus, offers him a $1.5M housing allowance plus $500k salary with another $6M in budget and three other PhDs on his team.
He's moving there in March.
Yeah, even if I was offered that I wouldn't touch that shit with a 10 foot pole especially if we're talking about being held captive.
That's the "alternative" to captivity. And it's going to lead to businesses that treat talent like this losing their talent to China. Speaking as someone who has also been contacted by numerous (sketchier than the above referenced) Chinese interests.
People being held captive is in relation to the Perth-based mining company that the article talks about. The person you're replying to is talking about a Shanghai-based university. There's no captivity involved there, afaik.