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Edited by Christopher Simmons, senior news editor


'OFFSHORE WITH THEIR HEADS!' TO BOOST ECONOMY, ADVISES AUTHOR OF HUMAN-EDGE BOOK

Send CEO Jobs Overseas? Top 10 Reasons, From EraNova Think Tank

MOUNTAIN LAKES, NJ - (Send2Press Newswire) - Oct. 15, 2003 -- Now that so many U.S. jobs have been sent overseas, it's time to "lop at the top," says Richard W. Samson, director of think tank EraNova Institute (www.eranova.com). The author offers ten reasons to offshore the CEO position, taken from his forthcoming book, "The Human Edge."

Top ten reasons to start offshoring the CEO position (reverse order):

(10) Plenty of biz school grads in Pakistan, India, and China will gladly do the CEO thing for about $13,500 a year. That's a $13,486,500 saving per company now paying their big guy $13.5 million.

(9) Instead of laying off 346 underpaid people, you can save as much by laying off a single overpaid one.

(8) Until now only CEOs could play the layoff game. Now corporate boards can join the fun, since the only employee they can ax is the CEO.

(7) Since white-collar as well as blue-collar jobs are going overseas, the boss might as well be where all the workers are.

(6) American CEOs deserve the same life-changing help as everyone else: outplacement; career counseling; and skill training in growth areas like hospital work, fast-food service, and auto sales.

(5) If the nation's top 500 CEOs were all laid off, unemployment would go up only about 0.0056%, to 9,000,500.

(4) The new foreign CEOs will have tax equity with their workers, since neither will have to pay income taxes to Uncle Sam.

(3) Instead of supporting expensive vacation homes and yachts, you'd only have to support vacation yurts and sampans.

(2) Output per dollar cost will zoom as big CEO salaries are eliminated. The boost in productivity will eventually create new, better jobs (they say).

(1) CEOs will start bonding with regular people by sharing their experiences and lifestyles. Out on the street and minus their millions, they will make lots of new friends.

(This list is drawn from the forthcoming book, "The Human Edge" by Richard W. Samson.)

For additional "serious" information, see "Millions of New Human Edge Jobs" -- www.eranova.com/human_edge_jobs.pdf

EraNova Institute, 142 Morris Avenue - Mountain Lakes, NJ 07046 - 973-335-3699.


Organization Website: www.eranova.com
Source of News: EraNova Institute

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