Can anyone give any context of how bad this actually is? Obviously it's not as terrible as if somebody got paid $4 for two hours of overtime here in the UK, in terms of average wage and typical cost of living, but no idea how much less bad it is..
The journalist also notes that "there aren’t enough workers to fill the positions at the factory as they keep resigning". This doesn't neccessarily mean its a bad place to work. I hardly have any friends that haven't quit at least one job in the last year or two. Modern Chinese culture -- particularly among young people -- accepts quitting your job, messing around for a few months ("playing" in Chinese) and then finding another as quite normal.
Having been a migrant worker myself, I think this is a great way for the mobility of young people, especially when the jobs offer accommodation too.
So, $350 / 22 working days (per month aprox, assuming 2 days of weekend, I don't know if they have 1 or 2) => $15.9 per day. / 10 hours per day => $1.59 per hour
Earning $2 for every extra hour... is like earning 1/3 extra per hour. Just to compare, here in Argentina, every extra hour is paid double by law. But I don't know if this is regulated in China...
Anyway, given the kind of job, I wouldn't try to stimulate working extra hours, as attention would decrease too much for this kind of monotonous and precision work. So, it makes sense that they pay little for overtime work.
[1] http://www.zdnet.com/blog/china/iphone-manufacturer-foxconn-...
By not providing any context to the local norms, we tend to compare conditions to our norms and see it in stark terms, while the reality is more nuanced. FoxConn's compensation and work conditions may be imperfect, but are good enough relative to local alternatives they have sufficient supply of willing workers. The "exploitation by US consumers" is an effect of globalization.
Most criticism and remediation efforts should not be directed at the various firms, but at the country that allows it to occur.