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Saturday, April 03, 2004

Productivity is how much work for how much money. And the employers have been stealing the money! 

No wonder the productivity numbers are high!

Experts on compensation say that the illegal doctoring of hourly employees' time records is far more prevalent than most Americans believe. The practice, commonly called shaving time, is easily done and hard to detect — a simple matter of computer keystrokes — and has spurred a growing number of lawsuits and settlements against a wide range of businesses.

Another reason managers shave time, experts say, is that an increasing part of their compensation comes in bonuses based on minimizing costs or maximizing profits.

"The pressures are just unbelievable to control costs and improve productivity," said George Milkovich, a longtime Cornell University professor of industrial relations and co-author of the leading textbook on compensation. "All this manipulation of payroll may be the unintended consequence of increasing the emphasis on bonuses."

In the punch-card era, managers would have had to conspire with payroll clerks or accountants to manipulate records. But now it is far easier for individual managers to accomplish this secretly with computers, payroll experts say.
(via Times)

Why? Like so much else in Bush's America: As the punchline to the old joke goes, "Because they can!" Sounds like the old punch cards protected us just like mechanical voting machines did. When computers came in, everything got easier to fake.

Because Bush guts our protections, those who can steal from us, do. Yech.

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