300 jobs shipped overseas today.... (insurance, pension, companies, money)

[Carbondated]

Just in case anyone is keeping track, just today...

235 jobs from a US medical device manufacturer CaradianBCT were given to a town in Northern Ireland.
Minimum wage is $10.26 an hour in Northern Ireland. (Federal minimum wage in the US is $6.55 an hour.)


70 jobs were given to a town in County Kerry, Ireland by the US insurance company Aetna.
Minimum wage is $11.07 an hour in Ireland. (Federal minimum wage in the US is $6.55 an hour.)

And to think of what those jobs would have meant for the unemployed people in my county.

[Mathguy]

Originally Posted by Carbondated

Just in case anyone is keeping track, just today...

235 jobs from a US medical device manufacturer CaradianBCT were given to a town in Northern Ireland.
Minimum wage is $10.26 an hour in Northern Ireland. (Federal minimum wage in the US is $6.55 an hour.)


70 jobs were given to a town in County Kerry, Ireland by the US insurance company Aetna.
Minimum wage is $11.07 an hour in Ireland. (Federal minimum wage in the US is $6.55 an hour.)

And to think of what those jobs would have meant for the unemployed people in my county.

Why are you showing minimum wage stats? What is your point?

[Carbondated]

Originally Posted by Mathguy

Why are you showing minimum wage stats? What is your point?

Would you like me to remove the stats?

Some people still believe that all jobs are being shipped to overseas because labor is cheaper overseas.
For instance, in the post, Aetna's jobs will be primarily call center workers. Call center workers in our area make at or around minimum wage. Aetna will be paying nearly double the salary for call center workers over in Ireland.

My point... is to not let news about these jobs slip by unnoticed.

[aaauger]

Assuming you're using the same monetary units, there must be some other advantage to the company for the move besides labor cost.

[Mathguy]

Originally Posted by Carbondated

Would you like me to remove the stats?

Some people still believe that all jobs are being shipped to overseas because labor is cheaper overseas.
For instance, in the post, Aetna's jobs will be primarily call center workers. Call center workers in our area make at or around minimum wage. Aetna will be paying nearly double the salary for call center workers over in Ireland.

My point... is to not let news about these jobs slip by unnoticed.

I just felt that your initial post was hinting at more and I was trying to get more information. In the future, if it is upsetting you, I will just ignore your posts and not bother trying to learn something from you.

[Sky1]

Many times a company will point out that it is far more to employ a person than salary alone. Maybe healthcare cost is the reason? Don't they get government healthcare in Ireland?

[AliceT]

There is far more alluring than labor costs. for example, what your stats don't show are health care costs and other benefits. I believe that is where the American companies are getting the upper hand. No health care benefits to the workers because surely Ireland has national health care. That is a real thorn in the side of American companies. The savings is enough to make it worthwhile to ship accounts and departments overseas.

[Carbondated]

Originally Posted by Mathguy

I just felt that your initial post was hinting at more and I was trying to get more information. In the future, if it is upsetting you, I will just ignore your posts and not bother trying to learn something from you.

No, no...you misinterpreted my response. I was not trying to be abrupt with you. I was asking if it was worthwhile to enter that information? I've never posted in the Business/Finance forum and thought perhaps you had more knowledge. It was an honest question. Sorry if you felt it was an attack or something.

[Carbondated]

Originally Posted by AliceT

There is far more alluring than labor costs. for example, what your stats don't show are health care costs and other benefits. I believe that is where the American companies are getting the upper hand. No health care benefits to the workers because surely Ireland has national health care. That is a real thorn in the side of American companies. The savings is enough to make it worthwhile to ship accounts and departments overseas.

Well, Aetna who shipped jobs over to Ireland is not outsourcing medical insurance costs to another company for its employees here in the US. There must be some financial gain in that fact.

And to clarify, in 2005, 48% of Ireland's population were covered by private health insurance, and only 32% of the population were covered by the Irish Governments Medical Insurance. It is more than likely Aetna will be providing their Irish employees medical benefits.

Unfortunately, over 1/3 of US companies don't offer any medical insurance to their American employees. And we are closing in on having nearly 20% of Americans without any health insurance coverage.

[younglisa7]

Originally Posted by Carbondated

Just in case anyone is keeping track, just today...

235 jobs from a US medical device manufacturer CaradianBCT were given to a town in Northern Ireland.
Minimum wage is $10.26 an hour in Northern Ireland. (Federal minimum wage in the US is $6.55 an hour.)


70 jobs were given to a town in County Kerry, Ireland by the US insurance company Aetna.
Minimum wage is $11.07 an hour in Ireland. (Federal minimum wage in the US is $6.55 an hour.)

And to think of what those jobs would have meant for the unemployed people in my county.

I hate that jobs are being shipped overseas also. "But" many Americans won't work for minimum wage, and they want full health benefits, paid sick days, paid vacation time and holidays, then they also want a 401k or a pension plan(which makes absolutely no sense for a company to do). And then on top of that Americans want unions so they can nickel and dime a company to death. Oh yeah and then they want to complain they don't make enough money so they don't give their job 100%. So why not ship work overseas. Sounds like less of a headache to me.

I am not including those Americans who give 100% at your jobs and don't complain.

When I grew up we were thankful just to have a job. That's not true anymore. People think they are irreplaceable and this is what happens.

Lisa