The company, Tuff Torq, was fined nearly $300,000 for hiring 10 children. It must also set aside $1.5 million to help the immigrant minors who were illegally employed.
Immigrant children as young as 14 were found working illegally amid dangerous heavy equipment at a Tennessee firm that makes parts for lawn mowers sold by John Deere and other companies, according to Labor Department officials.
The company, Tuff Torq, was fined nearly $300,000 for hiring 10 children. As part of a consent agreement with the federal government, the company is also required to set aside $1.5 million to help the children who were illegally employed. Ryan Pott, general counsel for Tuff Torq’s majority owner, the Japanese firm Yanmar, acknowledged the violations to NBC News.
Google tells me:
They were fined $300,000. So less than one employees’ worth of revenue.
Cost of doing business, as usual.
Fined $300K, but also have to give up $1.5M in profit for the 10 kids. $150,000 per kid, or, you know, 1/2 of the revenue they generated. ;)
Well I’m sure a company with ethics, like John Deere probably, will stop doing business with Tuff Torq now. Definitely.
No, they’ll just re-negotiate their contract to get a better deal causing Tuff Torque to treat their remaining employees worse.
Could you explain what exactly “revenue per employee ratio” means? My thought would be that this is the value the average employee creates for the company minus the cost of employment per year, is that correct?
It’s just revenue divided by number of employees