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Treating Workers Justly Pays Off, But Not in Cold-Eyed Analysis of Wall Street
CNNLink to more items from this source
[Opinion]
Sept. 6, 2005

"The race to the bottom in wages and employee benefits may not be any smarter than it is humane. Respected University of Pennsylvania labor-management professor Peter Cappelli made that point in analyzing U.S. airlines on PBS's 'NewsHour With Jim Lehrer': 'Southwest Airlines, which is seen as the low-cost carrier, now has the highest-paid pilots in the industry. Delta, which is the carrier probably in the most trouble, is largely non-union. US Airways ... has the lowest cost[.]'

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