QUOTE(fletcherwind @ Sep 20 2013, 04:49 PM)
There is perfect sense to that... Because not all companies will benefit from higher petrol price. Your "logic" doesn't differentiate companies but it's a view of the economy as a whole. And spouting "Unless your company is crappy in making a product thus there are no one buying thus making a loss.
" shows that you really dont understand business at all. Not all business can decide whatever price they want to charge to customers on their products, they can only do so if their competitors react to the higher cost as well and there are enough consumers who are willing to absorb the higher priced product/service. Some companies will have to suffer margin compression on higher fuel cost.
If your business doesn't suffer from the higher cost, then i think you have a good case to ask for an increment to compensate higher inflation cost in your life but companies don't owe you a living. You can't just say I deserve more money because the chicken i used to eat cost RM2 less. Just like the chicken sellers can't force you to eat chicken, he can raise the price but you might want to spend it on other meat because you don't think it's worth it.
On a more extreme example, I can't say i want 10% increment on my pay immediately because I used to eat imported 10 grain rice that used to be cheaper when ringgit was stronger. Because ringgit has weakened 10%, import cost has increased, i need the company to compensate me on that... .even though my company might be a totally non export oriented company that benefits nothing from a weaker ringgit. You get what i mean?
Having said that, i still think it's a bad way to justify a higher pay. You'll ge rewarded much better if you could prove that your contribution is material to company's top line or bottom line performance. If your productivity increases, given our job market having shortage of good quality workers, you'll end up beign able to demand much better pay.
I'm very concern about the feeling of massive self entitlement amongst workers these days. I highly encourage ppl to fight for a higher pay, demand what they deserve to get their fair share of the company's profit, please do not get exploited by companies. But please also don't think of it as a non-profit organisation. Job hopping, to a certain extent, is something i find quite healthy for workers to obtain better pay and better exposures and because of the competition for better workers, companies can't underpay and yet get good staff.I know what i wrote wouldn't be that popular but i feel that there's a need to do it because if the wrong mentality pervades in the labour workforce, our workforce will be seen as expensive and unproductive relative to other countries. I hope i don't come across as having no sympathy for people who are suffering from higher inflation because I don't earn enough that basic necessities become a small part of my income yet too. However, Im sure most workers want to do better for themselves because they know their service is worth more or they can do more and not because corporates should sympathize with the rising cost situation. Our country isn't that bad at protecting a minimum level of household income. We have a minimum wage now although that's too low for major cities, i agree. But don't forget, we have 10% of our workforce as civil servants. Thailand has 4%, other countries in the region have around 5%. This has guaranteed a low unemployment in our country for a long time.
The bolded part +99.
Some can do better but are just afraid of moving out, forget about Malaysia, think as it is a world where we can have multiple of choices, you don't like this job because it is underpaid, get somewhere else, it has becoming a big trend for youngsters to jump hop, while you are still young, go and explore, there is no point in staying in a company where your productivity is 110%, which is 10% above, and yet increment, pay and your bonus are still the same entitlement like many years ago.
What were doing actually create more jobs and opportunities in a sense, foreginer know malaysian can do their job thus they bring over to Malaysia thus creating more job with higher pay. It is a healthy competition, it actually bring more values to our workforce and it make them to increase employee pay job.
Now back to the business part, it is a very struggling situation where an employment is a business while business is a business, it is not our "problems" that your company can't raise to the competition of ever inflation economy. We are employed only because we are needed to do this particular job, and our minimum wages and inflation has raised to a bar. A job which pay 900PM a year ago has raised to RM1400, this raises is just barely enough.
Let's wait till next year after bonus and CNY, you can see there will be even more people that leave for better paid/benefit/worklife job. Now like I said, it is a trend nowadays among youngsters. Keep it up, and do it more. So that employer know we deserve a fair deal employment, but not a high responsibilites job but a low paid one for their cost budgetting to keep all the money to themself.
Jul 19 2013, 05:42 AM
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