Tag Archives: virtual pay

Stacy Summary:  If you needed any more sign of transfer of wealth and power from one nation to another:

• China’s new generation of labor won’t accept slave labor

“(This is) a new generation of migrant workers,” said Liu Kaiming, executive director of the Institute of Contemporary Observation, a privately funded group in Shenzhen that focuses on labor issues. “They are more willing to speak out about their grievances and are less tolerant of long hours and tough conditions than the older generation.”

…

“The rights mentality of younger workers is much stronger than past generations,” said Wen Xiaoyi, a researcher at the China Institute of Industrial Relations in Beijing. “The older workers tell you they feel a sense of loyalty to the company, but they also say that younger workers have a completely different attitude and higher expectations.”

Meanwhile, as we reported recently that with the young of America:

. . . demand for virtual rather than real wages is more common among younger workers.

“There will be a whole new generation of kids growing up who won’t really see the difference,” he said.