I read all of this as "Major union seeks to extract rent from an additional sector". I agree that putting developers on death marches is antithetical to everything that is human, but it's not like you don't have options in this industry... Tech work isn't like coal mining where your health is legitimately at risk on a daily basis, and where the number of alternative options available to the average worker is low to n…
Let's use Facebook as an example. The median employee salary is $240,000 [1], but Facebook makes an average of $1,620,000 in revenue per employee [2]. Why is it okay for a company to extract a so much more money from an employee than they pay them, but not okay for employees to band together to get paid what they're worth? [1] https://www.businessinsider.com/facebook-median-pay-240000-2... [2] https://www.businessins…
2. Median employee salary is wrong, you should look at average salary if you are comparing it to an average (revenue) figure.
3. You should correct for benefits and taxes. I don't know what they are, but salary is only part of the cost of an employee.
I know you are trying to make a quick point, but FB has margins ~40% and all-in employee costs can be 50% higher than salary. Assuming the median comp is close to average, then it's possible FB is making appr. $700K or so per employee in profit and paying out appr. $300K which doesn't sound quite as bad.