University Employees Suspended Due To Guest Worker Scandal

sethstorm writes: By sponsoring employees for use at an IT staffing firm, Wright State University may have broken new ground in guest worker fraud. According to the Dayton Daily News, 19 individuals were sponsored by the university yet ended up working for WebYoga, a firm controlled by (now-suspended) top Wright State officials. They also cited Wright State's exemptions regarding prevailing wage law and H1-b limits as attractive qualities. This has implications not only for the existing workforce, but to students that see the university putting its own staff ahead of them.

Comments

Re: Sounds normal

[lucm]

Funny how that same reasoning doesn't seem to keep prices to the consumer from rising. And it sure doesn't influence CEO salaries. Why not bring in an H1B, there are plenty of well qualified European CEOs accustomed to working for a fraction of what an American CEO costs.

I just did a bit of googling on this matter and it is truly amazing. Did you know that Yahoo's CFO (the chief bean counter) made 50% more money last year than the CEO of SAP? Yet SAP make 4x more money than Yahoo.

Other interesting figures:

HP: CEO makes 20 millions, (100 billions revenue, 5 billions profit)
Microsoft: CEO makes 84 millions, (100 billions revenue, 12 billions profit)
Apple: CEO makes 9 millions, (200 billions revenue, 40 billions profit)
JP Morgan: CEO makes 20 millions, (50 billions revenue, 22 billions profit)

and my favorite:
Twitter: CEO makes 24 millions (1.4 billions revenue, -500 millions profit)

Meanwhile in Europe:
SAP: CEO makes 9 millions (18 billions revenu, 4 billions profit)
VW: CEO makes 23 millions (200 billions revenues, 12 billions profit)

Well I tried to find more European IT companies but there isn't a lot that are in the multi-billions dollars income bracket.