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Hardcover White Collar Sweatshop: The Deterioration of Work and Its Rewards in Corporate America Book

ISBN: 0393048292

ISBN13: 9780393048292

White Collar Sweatshop: The Deterioration of Work and Its Rewards in Corporate America

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Book Overview

In the 1990s, before the bubble of the "miracle economy" burst, corporate America grew fat on the miseries of the American worker. Media attention has focused on dot-com disasters, massive layoffs,... This description may be from another edition of this product.

Customer Reviews

5 ratings

Compelling, Thought-Provoking, Unsettling

The author of this book is a professional journalist, with experience covering business for the New York Times, The New York Observer, and Forbes. She's served as an editor for Inc. Magazine and Bloomberg Personal Finance. She knows how to write in a style that grabs and holds a reader's attention. I went straight through cover-to-cover with this book, turning pages and turning down pages.After several years of research, this book was assembled to tell the story of the nightmare that has been the life of the white collar worker in America in recent decades. Using an enticing mixture of facts and figures and real-life stories collected from people in the trenches, Fraser documents a story that cries for exposure. White collar employees from large companies will recognize-painfully-the picture that's painted, with personal histories and company names and practices illuminating the text. Page after page reveals the details of an embarrassingly destructive period in our country's corporate history. Sadly, the story continues, with complications and far-reaching implications, far beyond what's presented in White Collar Sweatshop.You'll experience a wide range of emotions as you move through this factual report. Those emotions will range from pity to sympathy, from empathy to rage. Using the internet, Fraser found a wide range of people to open their hearts, share their experiences, and expose the questionable, unfeeling, almost inhumane acts of corporate executives. You'll read about people who invested their lives, at the expense of their families and themselves, to help build companies that later chewed them up and spit them out. The research for this book was conducted during the late 1990s and into 2000. These were the years of the hot economy where opportunities to change jobs were plentiful. Many of the people who worked for large corporations, where this book is centered, did not leave for greener pastures; they were trapped in a never-ending cycle of working, working, working for companies-emotional and professional handcuffs that held them in a no-alternatives, no-win rut. Since this book was written, the economy has shifted. During the slowdown of 2000-2002, employers became even more ruthless. With fewer jobs to jump to, workers had their escape routes blocked. The current reality is probably even worse than the deterioration described in Fraser's documentary. As the economy picks up, we'll see some cataclysmic changes in the relationship between employers and employees. The historical period recorded in this book will be a foundation for a major upheaval. To understand what's coming, read this book to understand what's happened. Special note to senior corporate executives: If you want to attract, inspire, and optimize top talent, read this book to comprehend how your employees feel. Even if you're not the size of the major companies cited in the case histories, know that your future or even current employees-directly or indirectly-are infl

Bottom-up analysis of corporate self-destruction

Jill Andresky Fraser's "White Collar Sweatshop" is an effective and empowering mixture of research, case histories and analysis on the subject of declining workplace conditions in the corporate world. The author's bottom-up analysis offers a vivid description of corporate self-destruction at work, and suggests why mega-mergers in certain industries (such as banking) have failed to meet expectations.The book suggests that much of the heralded productivity gains of the 1990s were due not to the wonders of technology but to the kind of old-fashioned sweatshop labor practices that Karl Marx might have recognized in an earlier era: unpaid and compulsory overtime, cuts in pension and health benefits, homework, speed-up, etc. Fraser cites numerous sources and statistics to show that the era of the paternalistic corporation that thrived from the 1950s to the 1970s has given way to today's unsentimental corporation that values only the bottom line and regularly uses fear as a motivating factor.However, Fraser challenges the idea that fear is a good motivator and that management failures should always be corrected by squeezing the rank and file. She cites figures showing that most companies that have suffered massive layoffs do NOT enjoy better stock market performances than other firms. Her oftentimes moving correspondence with the human casualties of this corporate callousness suggests that this is because the surviving employees become demoralized. They have learned that the rewards for their hard work may never materialize. Their teamwork suffers when workers are taught to become self-reliant but protective "free agents" of their own careers, and the tendency to self-identify with the success of the company has practically been destroyed.Fraser also highlights the blatant and unconscionable lack of consistency in the executive suites to the call for shared pain among the workers. "Chainsaw" Al Dunlop, Jack Welch and Michael Eisner are a few of the CEOs who are criticized for accepting lavish pay-outs when their respective corporations were supposedly enduring hard times.Fraser concludes the book with some optimism and proposes a number of suggestions that could help end sweatshop conditions, such as: caps on CEO pay, limits on the use of contingent labor, increased use of employee stock ownership plans, better benefits, and so on. Unfortunately, many of Fraser's ideas depend on their support from enlightened executives and consequently may be of little use. But with the wave of corporate scandals that have roiled America since the book's publication in early 2001, it is possible that change may be legislated anyway to help curb the public's disgust and investor mistrust of corporate America. In the end, Fraser has succeeded in focusing our attention to the fact that the fate of business depends on the well-being of its workers. I believe that "White Collar Sweatshop" should be read by CEOs, legislators and disaffected workers alike if we are to avoid d

Sweat soaked white-collars

How many people working in information technology and financial services (to name just two of the shiny sectors of the new economy) realize that a cruel economic trick has been played on them. There have been many analyses of American economic growth, industrialization, and the changing nature of work done in the past, but WHITE COLLAR SWEATSHOP struck me with one telling statistic: White-collar men earned an average of $19.24 an hour in 1997, barely a nickel more than the previous generation did in 1973. Add to this declining perks, specifically medical and pension benefits along with increasing work hours. The author highlights a trend which she calls "job spill", as a pernicious recent trend in today's white-collar working world. Basically it is the encroachment of work into lunch, vacation, and family time through technology creating a permanent umbilical cord with the workplace. Insightful and illuminating with some interesting proposals for remedying the white-collar working environment. This book made quite an impression on me as I had just recently read Barbara Ehrenreich's NICKEL AND DIMED. That book showed up the grimness of blue-collar work. Now with this book add the millions of white-collar workers and we see a situation where - although gainfully employed and all would agree, pleased with the opportunity to be working - there is nevertheless a deep sense of dissatisfaction with the work environment. There is an awareness of a large and growing base of a pyramid with only a few at the top really benefiting. As one reviewer has already mentioned BOBOS IN PARADISE is what to read for a satirical view from the top.

a catalyst for change?

The author cannot solve all of the problems which work to reduce white-collar employees [in the United States] to nothing more than modern day "educated" peons, but she does explain the situation in such a way that people in some camps may be inspired to challenge the status quo. That in itself is a major accomplishment! The book is easy, informative reading that is not only worth reading but passing on to those you consider friends.

The Dark Side of the New Economy

Since Thorstein Veblen's "The Theory of the Leisure Class", social scientists and journalists have tried to explain the impact of industrialization on workers, managers and executives. In the l950s, C.W. Mills in "White Collar: The New Middle Class", W.H. White in "The Organization Man", and W. Harrington in the "Life in the Chrystal Palace" set the stage for other writers to address the rise and fall of workers in the United States. In this book, Jill Andresky Fraser describes brilliantry the current status of middle class Americans in the new economy. Her book is in sharp contrast to David Brooks' "Bobos in Paradise" which satirizes the life of the upper middle class. Fraser presents a stark picture of the life of those who constitute the "white collar class" but do not enjoy the high salaries and perks of the Bobos. While family incomes of the middle class barely increased in purchasing power in the last decade, the incomes of the upper middle class and the wealthy more than doubled. At the same time, benefits have declined and in some cases eliminated for white collar workers. Another paradox of the new economy is that digital technology not only eliminates stable traditional jobs but it also increases the hours of work of those who are forced to use it. These and other changes in the workplace have created a climate of insecurity and intensified competition among white-collar workers, while corporations reap the benefits of higher productivity and profits reminiscent of the sweatshops of early twenty century. The book concludes with some interesting suggestions that would eliminate white-collar sweatshops. However, I do not believe that will happen without government legislation and revitalization of labor unions.
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