To be a civilized company, pays off
Press Trust of India New Delhi, July 10, 2006 Notwithstanding their anti-outsourcing sentiments, a documentary on Indian BPOs Nalini by day, Nancy by Night is making waves across the US...
" A 2003 survey of lawyers reported that 62 percent of women and 47 percent of men intended to stay with their current firms for less than five years. The estimated cost each time someone leaves? About $315,000 per head. ....................... LECG's management approach has several elements that make complete sense but are often totally absent in professional services companies. The first is that even though the company is publicly traded, it takes care of its experts before the shareholders and everyone else. .................................................................... He described an enviable record: The company has grown from about $25 million in revenue in 1995 to $300 million today, with a comparable rise in profit. LECG has been able to hold on to almost all of its rainmakers and has been able to attract new people at a prodigious rate. "
Chris Noon, 07.10.06, 11:59 AM ET Dieter Zetsche London - If there's one word that is anathema to unions, it's "outsourcing." Yet, according to a report in Monday's Stuttgarter Zeitung, that's just what DaimlerChrysler...
Of course, I expect libertarians to start to cry: "Quelle Horreur!, Quelle Horreur!, Quelle Horreur!"
And they will start to tell everybody that a company should pay his employees as less as possible, repeal the minimum wage laws and bring experts wages comparable with India and China, fire at home and hire offshore and pump all the money into the pockets of shareholders and CEOs.
By libertarian standards, LECG is a doomsday company who need to be destroyed for the approach they take. Listen to that : " The first is that even though the company is publicly traded, it takes care of its experts before the shareholders and everyone else. "