Prestigious kuno pero Barat Magpasweldo

[empy]

sometimes big companies can afford to pay less because:

1. there is more opportunity for advancement. tons of upper management positions compared to small cos.
2. there are perks of working at a big company, like free use of their products/services
3. their name is more attractive on one's resume, and the business contacts are more valuable


but i agree, if they don't pay at least a competitive wage, then they won't get the best talent. oh, they'll certainly get people to fill their jobs, but the top candidates will always have better options somewhere else.

[uls]

wages are dictated by market forces.

Let's say im an employer, and im only willing to pay P8000 a month for a position that needs to be filled, and there are takers, then why should i pay more?

oh wait... how about P7500? Any takers? Meron parin. How about P7000?
Meron parin.

I will push it as far as long as there are takers. When there are no more takers, then i know where the baseline is. Then i work my way up from there. Hehe

As long as someone is willing to work for me for X amount of money, then there's no reason why i should pay someone more to do the same freakin job.

That's our job market. There will always be someone out there willing to work for less. There will always be someone more desperate than you.

That's why wages here are low and stagnant.

Welcome to the Philippines.

hehe

[empy]

^i agree, but only partially.

if all you're looking for is a warm body to fill your job...then that strategy would work.

if you want to be the best company, you have to recruit the best talent. and to get the best talent (the ones that everyone else is fighting to recruit), then you have to have something to offer them. some offer money, some offer perks, some offer advancement. you probably need a combination of all three to get the best people.

if your value proposition as an employer is mediocre, then the talent you get will also be mediocre.

[smooth]

based on experience, its always best to pay at least minimum wage. kapag less than minimum wage kasi, mas malaki ang preponderance ng empleyado na magnakaw sa kumpanya. ang justification niya: "kulang kasi bayad sa akin ni boss, kinukuha ko lang ang nararapat sa akin." or pumitik ng kung anu-anong supplies (paper, tissue, ballpen, etc).

of course, paying minimum wage (or salaries and wages commensurate to the job position) doesn't guarantee na walang mangungulimbat sa kumpanya. minsan, kahit napakalaki na ng sweldo ng empleyado, magnanakaw at mangungupit pa din yan. such is the nature of some people i suppose.

pero apart from the salary, sometimes ang nagpapatino sa empleyado ay ang benefits: health care (and/or philhealth), sss, housing, transpo allowance, etc.

[Galactus]

Bakit wala pang company na name-mention? hehehe

Ok, to start off, about 8 years ago when I was still banking with BPI Family Bank (Q. Ave-Kanlaon branch), I noticed the tellers wearing a black armband and a small note attached. Nung sinilip ko, "BARAT" (with 3 exclamation points) yung nakalagay. So I asked the teller kung ano ang story behind that note. Sabi niya, their labor union was poised to strike kasi mababa daw masyado magpasahod ang BPI-FB compared to other savings banks, and yung naging standard daw nila is yung Citytrust dati (na binili ng BPI Family). Well, baka maling point of comparison siya, kasi Citytrust then was partly owned by Citibank.

Hopefully, masaya na sila sa compensation package nila today. Nothing beats a guaranteed 15-month compensation package!

[uls]

Agree.

Top companies have and retain the best people.

Well, the best people usually have high self worth and they're only willing to sell their services to the top companies. Small and medium sized businesses dont appear on their radar when they're job hunting.

The best and the brightest are like .01 percent of what's out there. They are so scarce they can name their salaries.

While the rest number in the millions. Trip-to-jerusalem ang labanan jan. Their sheer numbers keep wages low.

[EGcoolmhan]

Dapat i-mention na natin ang mga kumpanya na mga barat magpasweldo, para alam nila kung saan sila lulugar tulad ng mga kapwa natin tsikot member at di lang yun, tulad ko narin.

Im working almost 3 years sa kumpanya na ito (INFOLINK Corp.)"makati"(agency) assigned dito sa PLDT as technical support, halos lahat na ng nagtatrabaho dito contractual lang.biruin po niyo wala kami 13 month pay, wala kami X-mas Bunos, etc...Isipin po natin mga ka-tsikot nagtatrabaho ka sa malaking kumpanya tapos ganun lang sweldo. nagstart ako sa sweldo na P7,500 then ngayun 10k++ lang. Tama Ba Yun? di ko ikinakahiya na i-post ito kasi ito ang totoo. kung mababasa man ito ng may-ari ng agency at yung kumpanyang PLDT..may kalalagyan kayo! marami pa sa atin mga kababayan diyan na nagtitiis sa trabaho at sa kakarampot na sweldo kasi sa hirap na ng buhay dito sa 'pinas, at dahil narin sa gobyerno natin sa talamak na pangungurakot.

buti nalang may part time pa..sa ngayun apply na ako sa abroad wala mangyayari sa akin dito.

[wildthing]

way back in 1989...I started working with UNIVET (this is the veterinary div of UNILAB). Ang sweldo was P1750/mo. (almost minimum wage)... before the end of 7 mos. my salary was already double that amount.

compared to ER Squibb (yung vet counterpart/competitor) and monthly sweldo ng UNIVET was mababa.

but behind the scenes...we have had 17.5X multiplier in a year. (for that year I already have had 15x na sweldo - I mean I had a prorata 13th month, a whole 14 and 15th month bonus). So kung isusuma ko yung 17.5x multiplier sa salary... lalabas na ang gross home take ko dun was similar lang sa ER Squibb which was a multinational...kasi hindi naman 17.5x ang factor nila (I think it was 14 lang).

on top of that I have monthly and quarterly commissions (month if you hit the monthly quota, quarterly if you hit the quarterly quota...pedeng mahit mo both..all three mos so automatic ang quarterly quota)... which is nearly anywhere between a months salary to sky is the limit (my biggest one time commission was P10,000++)... this was during the time that the minimum wage was nearly P2,500 lang.

so bottomline, DO NOT LOOK INTO YOUR MONTHLY SALARY!!!

gross or net TAKE HOME FOR THE YEAR ang dapat mong pagbasihan.

[uls]

that's the sad thing about the current labor situation in the country.

Large companies dont want to add more people to their payroll. They just hire contractors.

It's less headache to pay 1 contractor who has a hundred people than to hire 100 people.

[wildthing]

This is OT ... pero kasalanan din naman ng workers yan eh... kung naging practical lang sa bargaining nung dati... at hindi ipinauso ang STRIKE... hindi naman magiging ganyan ang mga big companies.

[theveed]

Naalala ko sa Dilbert... The boss said: "We hire the best people in our company" Sagot ng staff "then why are we paid the industry average wages?"

hehehe

[uls]

This is OT ... pero kasalanan din naman ng workers yan eh... kung naging practical lang sa bargaining nung dati... at hindi ipinauso ang STRIKE... hindi naman magiging ganyan ang mga big companies.

tama ka jan.

Na-trauma na ang mga companies sa militant labor.

[fireblade]

I firmly believe that if you pay peanuts, you get monkeys

As an employee before, I was wishing upon a star that this and that will be given. Now that I am an employer, I see to it that my employees feel valued given the right attitude of course. When I started a few months back, I started slow. Now that I have realized more than what I expect, my employees who are also stakeholders will be given more than what they are expecting. It is payback time and so I have come up with a couple of benefits that will definitely excite them for the new year.

Given the right profitability, I know that most companies will be doing the same. If not, then there must be really something wrong.

[boybi]

Dapat i-mention na natin ang mga kumpanya na mga barat magpasweldo, para alam nila kung saan sila lulugar tulad ng mga kapwa natin tsikot member at di lang yun, tulad ko narin.

Im working almost 3 years sa kumpanya na ito (INFOLINK Corp.)"makati"(agency) assigned dito sa PLDT as technical support, halos lahat na ng nagtatrabaho dito contractual lang.biruin po niyo wala kami 13 month pay, wala kami X-mas Bunos, etc...Isipin po natin mga ka-tsikot nagtatrabaho ka sa malaking kumpanya tapos ganun lang sweldo. nagstart ako sa sweldo na P7,500 then ngayun 10k++ lang. Tama Ba Yun? di ko ikinakahiya na i-post ito kasi ito ang totoo. kung mababasa man ito ng may-ari ng agency at yung kumpanyang PLDT..may kalalagyan kayo! marami pa sa atin mga kababayan diyan na nagtitiis sa trabaho at sa kakarampot na sweldo kasi sa hirap na ng buhay dito sa 'pinas, at dahil narin sa gobyerno natin sa talamak na pangungurakot.

buti nalang may part time pa..sa ngayun apply na ako sa abroad wala mangyayari sa akin dito.

Bakit ka umabot ng 3 yrs dyan sa company na yan kung hindi ka pala kuntento sa sahod mo? In the first place, dapat hindi ka na namasukan dyan.

[wildthing]

tama ka jan.

Na-trauma na ang mga companies sa militant labor.

hindi lang trauma...some enterprising peeps took hold of the problem and converted them to biz... a triving one... AGENCIES who do cleaning and minor clerical ones. Wherein the employees are always CASUAL and will never be regular.

It solves the problem of their clients (takot sa labor problem and at the same time no more absent employee and kung merun nagloloko, palit agad yun next day) and their own (since their workers are casual, they don't have labor issues na major).

[smooth]

Bakit ka umabot ng 3 yrs dyan sa company na yan kung hindi ka pala kuntento sa sahod mo? In the first place, dapat hindi ka na namasukan dyan.

i agree with boybi. mr egcoolmhan, wag mo sanang mamasamain, pero please don't bite the hand that feeds you. i do not know the company you mentioned, pero IMO, if you feel that you are worth more than what your company is compensating you for, then why stay in the company?

[wildthing]

Bakit ka umabot ng 3 yrs dyan sa company na yan kung hindi ka pala kuntento sa sahod mo? In the first place, dapat hindi ka na namasukan dyan.

this i have to agree with...

When I am in a similar situation, I always remember the LOYALTY PLEDGE:

If you work for a man in heaven's name, work for him, speak well of him, and stand by the institution he represents.

Remember, an ounce of loyalty is worth a pound of cleverness.

If you must crawl, condemn and eternally find fault why, resign your position, and when you are in the outside, damn to your heart's contents!

But as long as you are a part of the institution, do not condemn it. For if you do, the first high wind that comes along will blow you away. And probably, you'll never know why.

So i always resign, when I know I have options ready.... else I keep my mouth shut and work hard...

[Galactus]

You really can't blame the employee for staying despite a relatively paltry salary. Masyadong competitive ngayon ang job market, too many applicants fighting for too few jobs. Eh kung average lang naman ang skills nung empleyado (functional and communications-wise), eh better to stay put muna, rather than spend 3 months doing nothing.

IMO, certain companies are getting too greedy, especially those publicly listed. They earn millions/billions, yet would rather spend the retained earnings on perks for upper management and stockholders. Yung mga PLC's, dapat yung bottomline nila for this year should be higher than last year's, to impress future stockholders, so they hold back on employee benefits. Management should put extra emphasis nowadays on social values, like spreading the wealth to their employees, para may totoong trickle-down effect. That's good karma.

Maybe they're forgetting that a company's single most important resource is its people.

Yung maintenance and janitorial agency namin dito, puro casual, with no benefits (no SSS coverage, no 13th month bonus, no OT pay, etc.), yet yung may-ari ang yaman! Rolex and Omega ang relo, andami pang sasakyan. Cruel, isn't it?

[smooth]

You really can't blame the employee for staying despite a relatively paltry salary. Masyadong competitive ngayon ang job market, too many applicants fighting for too few jobs. Eh kung average lang naman ang skills nung empleyado (functional and communications-wise), eh better to stay put muna, rather than spend 3 months doing nothing.

IMO, certain companies are getting too greedy, especially those publicly listed. They earn millions/billions, yet would rather spend the retained earnings on perks for upper management and stockholders. Yung mga PLC's, dapat yung bottomline nila for this year should be higher than last year's, to impress future stockholders, so they hold back on employee benefits. Management should put extra emphasis nowadays on social values, like spreading the wealth to their employees, para may totoong trickle-down effect. That's good karma.

Maybe they're forgetting that a company's single most important resource is its people.

Yung maintenance and janitorial agency namin dito, puro casual, with no benefits (no SSS coverage, no 13th month bonus, no OT pay, etc.), yet yung may-ari ang yaman! Rolex and Omega ang relo, andami pang sasakyan. Cruel, isn't it?

if the employee is making say, 10K a month, then that's 10K more than what he is getting if he didn't work for that company. to condemn that company is wrong. now, if you feel that you are worth more than what you're getting, then please resign. i'm sure that company does not need an employee who is bad mouthing the very company that ultimately brings food to the table.

IMO, in the first place, before applying in a company, please look at the company's mission and vision (or, as jim collins would say, its core ideology). kung hindi akma sa iyo ang core ideology ng company, wag na mag-apply. otherwise, you're going to end up like a square peg trying to fit into a round hole. kung ang hanap ng isang empleyado ay isang kumpanya na malaki magpa-sweldo, then dapat doon sa ganoong klaseng kumpanya siya dapat mag-apply.

the owner of the company can do with the company's profit as he wishes. that's his prerogative as owner of the company. maybe that's why he put up that company in the first place. itinaya niya ang pera at pangalan niya (probably minortgage pa niya ang mga lupain at ang kaisa-isang kalabaw nila sa probinsiya) para kapag kumita ay makabili siya ng rolex at omega.

now, kung no choice ang employee kasi walang ibang altenative job openings sa ibang kumpanya at average lang ang skills set niya, and he decides to stay in the company, hindi ito utang na loob ng kumpanya sa empleyado, so please don't bad mouth the company. the employee decided to stay. the company did not hold a gun to his head and force him to stay and work for such a paltry sum.

you know how the democrats said it during the bill clinton campaign? "its the economy, stupid." (just quoting the democrats verbatim; i hope you guys got the pun.)

[Galactus]

I got your point loud and clear. But my message was that local companies nowadays, especially those publicly-listed, should focus more on their social responsibility. Capitalism has eroded social values once held sacrosanct, all in the name of profit.

Most big companies naman, masyadong general ang mission/vision statement, puro motherhood statements, I guess mainly for the sake of having one. I have a friend who's a consultant on values formation, and she said that she has yet to see a firm actually live up to their mission/vision statement.

Now on the Rolex/Omega thing, my point was the owner accumulated his wealth by shortchanging his employees and violating labor laws (non-remittance of SSS premiums, non-payment of overtime pay and refusing to regularize his employees, etc), capitalizing on the fact that they are unschooled, halos lahat high school graduates lang kasi. Now that's being greedy.

Hindi naman ata bina-badmouth ni egcoolmhan yung firm niya, he was merely airing his displeasure in the way he was being paid. Which is perfectly legit, and well within his rights to say so. IMO, that is not being traitorous or biting the hand that feeds you, he is simply making a statement which management should take in a positive light. Now, if he starts writing malicious code designed to inflict losses, then that's a different story.

Funny how people diss labor unions nowadays. The very rights we presently enjoy were made possible by the labor unions and their leaders, some of whom shed their blood, sweat and tears and made the ultimate sacrifice. Of course, there were a few missteps along the way, but generally, their presence, despicable as it may seem to some, is a great leveller in the playing field.

I graduated from UP Manila, and during my student years, kaliwa't kanan ang mga rally ng mga tibak dun. I never liked them, and I wasn't even leftist in my leanings. But I do have to give credit where credit is due.