>Focus on core competence and outsource the rest. The approach has made companies more nimble and more productive, and delivered huge profits for shareholders. It has also fueled inequality and helps explain why many working-class Americans are struggling even in an ostensibly healthy economy. That is the outsourced companies causing inequality. They are the ones paying people terribly, not the company contracting wi…
1) Company contracting the outsourcing company can dictate what is paid to the contractors. 2) Company contracting the outsourcing company does not usually pay outsourcing company unmeasured rates where OSC then keeps large margin from contractors.
That should still have a floor through labor laws. If it doesn't, that too needs to change.
>Company contracting the outsourcing company does not usually pay outsourcing company unmeasured rates where OSC then keeps large margin from contractors.
Higher minimum takes from that margin. OSC can then choose to charge the client more or pay themselves less.