A factory sits empty. It’s not in the Rust Belt, nor is it part of a manufacturing exodus that has cost the U.S. thousands of jobs. It is a factory in Shenzhen, China, and the American company that once employed Chinese workers is now packing up, coming home and bringing the jobs with them.
John Higgins, CEO of Neutex, an LED lighting company, said it will be cheaper to manufacture in Houston.
“I’ve gotten in fights, I’ve gotten in arguments with CEOs on planes telling me what an idiot I am for coming back,” Higgins told ABC News.
A decade ago, a factory worker in China made 58 cents an hour. Today, wages are more than $ 3.00 and there are predictions of $6.00 an hour by the year 2015. It may sound cheap, but some economists argue when you factor in productivity those wages add up. The Boston Consulting Group argues the American worker combined with technology in the U.S. makes the American worker more than three times as productive as the Chinese worker.
“When you factor in that the American worker is nearly four times as productive, that math quickly adds ups,” said Hal Sirkin, senior partner at the Boston Consulting Group…
via Companies Move Manufacturing Jobs Back to America – ABC News.
Job Market Monitor 
Hey
I have to say while I am never taken aback at some of the allegations made toward HR departments I am also truly shocked at the minority of people who create these thoughts and their blatant disregard for others in the workplace.
Hmmm imagine a place where people worked harmoniously, were paid fairly and completed their work in a timely manner, HR Nirvana
Tempting Bliss…
HR Consultant Perth
Posted by Trudi | March 22, 2012, 5:05 am